Sports economic development from the role of Federations and Associations

AN NGUYÊN |

From the story of funding to support international athletes of the Vietnam Billiards & Snooker Federation, the problem of developing and promoting the potential of Vietnam's sports economy in the coming period has been raised.

After winning the world bronze medal in France in mid-September, female player Nguyen Hoang Yen Nhi shared on her personal Facebook page, expressing her dissatisfaction with VBSF that she and another teammate had to pay out of their own pocket to compete, including airfare, travel, and food for 6 days, which was about 55 million VND/person (the World 3-Cushion Carom Federation paid for the hotel). In March 2024, VBSF announced that it would collect fees to become a member of VBSF, with 500,000 VND/player/year and 200,000 VND (paid once) to make a membership card. The question is, has the Vietnam Billiards & Snooker Federation done a good job of connecting member federations, international organizations, and socialized resources?

On the sidelines of the Vietnam Sports Economic Forum 2024 held on October 17, Mr. Dang Ha Viet - Director of the Department of Physical Training and Sports shared with Lao Dong: “Regarding the story of player Yen Nhi, there are two issues that need to be clarified. Firstly, from the Federation's perspective, the Department of Physical Training and Sports has issued a document directing the Federation to work with all parties so as not to affect the reputation of the industry. VBSF itself has not done a good job of attracting resources to have more investment and funding to support athletes. If each member only contributes 500,000 VND, that amount will not be enough to pay for bonuses.

Also at the Vietnam Sports Economic Forum 2024, Mr. Dang Ha Viet said: “From a policy perspective, the sports industry still has some problems. The Vietnam Olympic Committee, Federations and Associations have not fully promoted their functions and tasks, have not been proactive in calling for and creating events and values ​​of their own to attract sponsorship. Only a few Federations have called for socialized resources in training and selecting athletes to compete abroad. The rest, most Federations only stop at calling for socialized resources for a few small-scale event organization activities. This is also a good thing, but the important thing is still to find socialized investment sources to train athletes.”

The Director of the Department of Physical Education and Sports emphasized that there are approximately 2,500 sports tournaments each year, of which the sports industry needs to participate in at least 700 tournaments, but the central budget only guarantees 170 tournaments and the remaining resources come from local budgets and socialization. Obviously, the Federations and Associations have not coordinated to the maximum, although they have shared, they have not contributed a large proportion, there needs to be reinforcement and clear solutions.

Regarding the issue of socialization in sports, Mr. Nguyen Manh Hung - Deputy Director of the Social Affairs Department - Central Economic Committee - said: "The phrase socialization was mentioned at the 9th National Congress of Delegates, in which the sports industry was given priority early attention. The Government has issued amendments and supplements to many documents supporting sports in general and sports economy in particular, contributing to attracting resources from the whole society to invest in sports.

Mr. Hung added: In the immediate future, we need to develop a plan and build a system of mechanisms for sports economic activities; build a large enough enterprise with enough international competitiveness... All must coordinate together, from ministries, branches, and management agencies from central to local levels. Regarding institutions, functional agencies must have good intellectual property and copyright laws, and institutionalize all other related legal documents for greater consistency. In particular, the Ministry of Culture, Sports and Tourism and the Department of Physical Education and Sports must proactively coordinate with other agencies to build, thereby attracting the best socialized resources."

AN NGUYÊN
RELATED NEWS

For Vietnam's sports economy to make a breakthrough

|

The Vietnam Sports Economic Forum 2024 held today (October 17) is an opportunity for managers, investors or national sports federations and associations to exchange and grasp more practical sports economic issues.

Need for sports economics applications

|

Today (October 17), the second Vietnam Sports Economic Forum was held and when there are more than one, people need to see the practical application of the issues raised.

The huge Mid-Autumn Festival lantern worth hundreds of millions of VND lights up the streets of Tuyen Quang ward

|

Tuyen Quang - The Mid-Autumn Festival in Tuyen Quang is famous for its giant lanterns.

Do not let power projects get stuck due to delayed administrative procedures

|

The Deputy Prime Minister requested 3 corporations and 1 military enterprise to resolutely implement the power project and not to let the power project stall due to delayed administrative procedures.

Husband goes to work far away, wife stays at home, has an affair and has a child with another person - Part 1

|

The 9th hour - Husband leaves home to work far away, sending money to support the family. But in loneliness, his wife had an affair and became pregnant with someone else. What will happen to this family?

Vietnam continues to contribute to bringing peace at the Thailand - Cambodia border

|

Vietnam welcomes the positive developments between Cambodia and Thailand, and will continue to strive to contribute to bringing peace at the border between the two countries.

Vietnam General Confederation of Labor guides on collecting union funds

|

Grassroots trade unions are allowed to use 75% of total trade union budget revenue, according to the guidance document of the Vietnam General Confederation of Labor.

Ho Chi Minh City Party Secretary Tran Luu Quang has more important tasks

|

HCMC - Secretary of the Ho Chi Minh City Party Committee Tran Luu Quang holds the position of Head of the Steering Committee for Anti-Corruption, Wastefulness and Negativity of Ho Chi Minh City.

For Vietnam's sports economy to make a breakthrough

HOÀI VIỆT |

The Vietnam Sports Economic Forum 2024 held today (October 17) is an opportunity for managers, investors or national sports federations and associations to exchange and grasp more practical sports economic issues.

Need for sports economics applications

LÊ VINH |

Today (October 17), the second Vietnam Sports Economic Forum was held and when there are more than one, people need to see the practical application of the issues raised.