The LG Electronics Viet Nam Company signed a sponsorship contract with V-League side Hai Phong on Tuesday, following which the team will be renamed LG Hai Phong. — Photo xaluan

HA NOI  (VNS) — The LG Electronics Viet Nam Company signed a sponsorship contract with V-League side Hai Phong on Tuesday, following which the team will be renamed LG Hai Phong.

The contract's value and duration have not been revealed yet, but the company pledged to create the most favourable conditions to develop the economy as well as sport of the northern port city.

Hai Phong beat Song Lam Nghe An 3-0 in the V-League's first round. — VNS