|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