The PetroVietnam Low Pressure Gas Distribution Joint Stock Company (PVGAS D) has agreed a VND1 billion (US$47,600) sponsorship deal with the national beach volleyball team.
The signing ceremony between the Viet Nam Volleyball Federation (VVF) and PVGAS D took place in the National Sports Administration.
It is the fourth time the company has funded the team. As part of the deal some of the money will be spent on a series of national beach volleyball events.
Tran Duc Phan, the VVF's general secretary said that the sponsorship money will be used to organise domestic beach volleyball tours, support salaries for players and expenditure for teams taking part in international events. Training programmes for talented young players will also be organised with the financial support. — VNS