The Vietnam Boxing Federation officially issued a Decision on the Regulation on management of professional boxing activities in Vietnam.
The decision is applied from January 26, after the Regulation is issued.
The Vietnam Boxing Federation specifically stated in the Decision: "The General Secretary, Heads of affiliated departments, event organizers, tournament organizers, clubs, coaches, athletes, referees, experts, managers, promoters, professional boxing match arranging experts participating in the professional boxing competition system nationwide, members of the Vietnam Boxing Federation and relevant organizations and individuals are responsible for implementing the Decision".
The Regulation on management of professional boxing activities in Vietnam has 8 chapters and 53 articles.
Each chapter has specific regulations. In which, the contents for Professional Boxing Clubs; Boxers, coaches, referees, judges, boxer managers, match-fixing experts, professional boxing managers; Organizing professional boxing events and tournaments; Advertising sponsorship; Anti-corruption and negativity; Rewarding, handling violations and resolving disputes and complaints... are detailed.
Professional boxers and boxing coaches when participating in professional boxing tournaments and programs in Vietnam must comply with the regulations of the Vietnam Boxing Federation.
A noteworthy point raised in the Professional Boxing Regulations is the transfer of athletes.
One content in the regulations on transfer of professional boxing athletes has stated: "The transfer of a boxer is an agreement between 2 clubs and the boxer at the time the boxer's labor contract is still valid, accordingly, the transferring party, which is the club with the labor contract with the boxer, transfers the right to sign labor contracts with the boxer to the transferring party, which is the new club. The transferring club pays the costs for the transferring club according to the agreement".
