Culture - Sports

China’s Li Ning sponsors Vietnamese athletics

Chinese sports equipment producer Li Ning has inked a five-year sponsorship contract with the Vietnam Athletics Federation (VAF).
China’s Li Ning sponsors Vietnamese athletics ảnh 1Vietnamese athlete Nguyen Thị Huyen will wear Li Ning jersey in training and competing. (Photo: vietnamnet.vn)

Hanoi (VNA) - Chinese sports equipment producer Li Ning has inked a five-year sponsorship contract with the Vietnam Athletics Federation (VAF).

The contract is valued at about 5 billion VND (217,000 USD) from 2016-21. Each year, Li Ning will sponsor some 1 billion VND (43,500 USD) 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,” Nguyen Manh Hung, Vice-General Secretary of the VAF, said.-VNA

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