Thursday, December 8 2016

VietNamNews

China’s Li Ning sponsors Vietnamese athletics

Update: October, 27/2016 - 09:00
Her own brand: Vietnamese athlete Nguyễn Thị Huyền will wear Li Ning jersey in training and competing. -- Photo vietnamnet.vn
Viet Nam News

HÀ NỘI — Chinese sports equipment producer Li Ning has inked a five-year sponsorship contract with the Việt Nam Athletics Federation (VAF).

The contract, which is valued at VNĐ5 billion (US$217,000) from 2016-21. Each year, Li Ning will sponsor some VNĐ1 billion ($43,500) for the national athletic team’s jerseys, shoes, hats and backpacks.

“It is the first time, Vietnamese athletics has received sufficient sponsorship. It will be a great driving force for athletes to train and compete to bring home glory,” Nguyễn Mạnh Hùng, vice-general secretary of the VAF, said. — VNS

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