Loc Phat Bank Vietnam (LPBank) becomes the main sponsor of the LPBank V.League 1 National Football Championship - 2024/2025

Việt NamViệt Nam06/08/2024

On August 5, 2024, in Hanoi, Loc Phat Bank Vietnam (LPBank) and FPT Telecom Joint Stock Company (FPT Telecom) signed a Sponsorship Agreement for the LPBank V.League 1 National Football Championship - 2024/25, marking the beginning of cooperation between the two parties, contributing to the new and more professional development of Vietnamese football. Since the first season was held in 1980 and became professional from the 2000/2001 season, the V.League 1 National Football Championship has affirmed its position as the largest, most professional, attractive and most anticipated tournament of the year. In particular, the success of the Tournament in recent years has not only stopped at professional investment but also expanded and diversified social resources with the support of sponsors. This has brought strength and motivation for the Tournament to continuously develop. With the desire to continue contributing to raising the position of Vietnamese football and approaching international standards, Loc Phat Bank Vietnam (LPBank) and FPT Telecom Joint Stock Company (FPT Telecom) signed a sponsorship agreement for the LPBank V.League 1 National Football Championship - 2024/25 in a solemn event held at the headquarters of FPT Group - FPT Tower. Witnessed by representatives of the Department of Sports and Physical Training, Vietnam Football Federation, Vietnam Professional Football Joint Stock Company (VPF) and FPT Telecom, Loc Phat Bank Vietnam has officially become the main sponsor of the LPBank V.League 1 National Football Championship - 2024/25.

LPBank representative, Mr. Hoang Van Phuc - Deputy General Director and FPT Telecom representative, Mr. Nguyen Hoang Linh - General Director signed the agreement under the witness of representatives of the Department of Sports and Physical Training, Vietnam Football Federation , LPBank, FPT and VPF.

The signing ceremony is the first step for the cooperation and companionship between LPBank, VPF Company and FPT Telecom towards the common goal of developing Vietnamese football. According to the cooperation agreement, the LPBank V.League 1 - 2024/25 season will have important financial resources, guaranteed by the prestige and position of Loc Phat Bank Vietnam (LPBank). The companionship of LPBank is expected to bring a successful tournament, creating momentum for new and more professional developments of the country's football, making an important contribution to the overall achievements of Vietnamese football in the future. Sharing at the signing ceremony, Mr. Hoang Van Phuc - Deputy General Director of LPBank said: " We identify that constantly contributing to the development of sports is an important pillar in the motto "Associating social responsibility in business" that LPBank always pursues. Becoming the main sponsor for the LPBank V.League 1 National Football Championship continues to be a testament to LPBank's positive contribution to the development of domestic sports. We believe that, in the coming season, Vietnamese football in general and the LPBank V.League 1 National Football Championship - 2024/25 in particular will have many positive changes with the close support of LPBank".

LPBank representative , Mr. Hoang Van Phuc - Deputy General Director spoke at the event.

LPBank is known as one of the joint stock banks with strong growth in recent years. In addition to effective business operations, LPBank is also a brand that actively contributes to the community and society, focusing on 5 pillars: Education - human resource training; Health; Culture - Sports; Social security; Supporting poor localities to develop. In particular, sports is an area that LPBank focuses on through funding the operating costs of the LPBank Ninh Binh Men's and Women's Volleyball Club, LPBank - Hoang Anh Gia Lai Football Academy, Ho Chi Minh City Youth Football Club, etc.

LPBank representative, Mr. Nguyen Van Thuy - Vice Chairman of the Board of Directors, along with the leaders of VPF Company and FPT Play Company signed a souvenir painting, expecting a successful LPBank V.League 1 - 2024/25 season.

Most recently, LPBank approved the Project to improve the physical strength of Vietnamese football players, helping players to have good physical strength and ideal body shape in the next 5-10 years. In addition, LPBank has actively participated in sponsoring a series of events to promote the Brazil-Vietnam Football and Tourism Festival in Da Nang and co-organized a friendly match between the Hanoi Police Club and the legendary Brazilian team at Hang Day Stadium - Hanoi. Welcoming the new main sponsor, Mr. Tran Anh Tu - Vice President of VFF, Chairman of the Board of Directors of VPF Company said: " VPF Company and FPT Telecom are very honored to accompany Loc Phat Bank Vietnam (LPBank) in the upcoming journey of the highest club tournament in Vietnam. We believe that LPBank's cooperation will be the key to opening up further successes for domestic football in the coming period. On our side, VPF Company will certainly continue to do a good job in managing, organizing and operating the tournament, making the tournament develop further ."

Mr. Ho Nam Tien - Vice Chairman of the Board of Directors, General Director of LPBank received the title board and congratulatory flowers from the leaders of VPF Company and FPT Play Company.

The LPBank V.League 1 - 2024/25 season with the support of LPBank is expected to open from September 14, 2024 and end in June 2025. This year, the total prize value of the three leading teams of the LPBank V.League 1-2024/25 tournament is 9.5 billion VND, specifically: The Champion Club receives the Cup, Gold Medal, and a bonus of 5 billion VND; The Second Prize Club receives the Silver Medal, a bonus of 3 billion VND; The Third Prize Club receives the Bronze Medal, a bonus of 1.5 billion VND. The highlight of the upcoming LPBank V.League 1 seasons is the investment in technology and professional quality. After officially receiving the handover of 2 VAR vehicles sponsored by FIFA from the Vietnam Football Federation - VFF, VPF Company will plan to distribute VAR vehicles in the Northern, Central and Southern regions.
During its 16-year development journey, LPBank has affirmed its reputation and position as one of the 14 most important Vietnamese banks in the system, Top 500 banks with the highest brand value globally in 2024, and has won many prestigious awards at home and abroad. On July 15, LPBank officially changed its name to Loc Phat Vietnam Bank. The name change marks the beginning of a new development phase for LPBank with a new business strategy, aiming for new values ​​for customers, partners and shareholders. With the motto "Customer-centric", LPBank is committed to continuing its journey with the mission of bringing the best quality products and services to people across the country.

K.Oanh


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