Vietnam football thinks of business partnerships

The Vietnam Football Federation is considering working with the business community to set up joint ventures in football-related services. Nguyen Trong Hy, VFF Chairma, said a good idea to attract more funds is to shake hands with economic partners to do business to earn profit. The VFF would have to consult wealthy foreign clubs where the practice is commonplace to learn more about how it’s done, Hy admitted to Thanh Nien newspaper. He also said that it was just the beginning for the ‘raw’ idea, and the move requires more brainstorming to succeed in the future. He later announced his agency will initiate a fund for football development in the next two months.

"The state budget funds most of the VFF’s ventures, along with corporate sponsorship, which has dwindled of late as match fixing scandals have swirled around the league," Thanh Nien commented.