The Vietnamese Football League First Division (), officially stylized as V.League 2, is the second-highest league of the Vietnamese football league system after the V.League 1, and is currently contested by 14 clubs. The current holders are Truong Tuoi Dong Nai, who won the 2025–26 season.

League structure Starting in the 2025–26 season, the league comprises 14 teams. Over the course of a season, which runs annually from September/October to the following June/July, each team plays twice against the others in the league, once at 'home' and once 'away', resulting in each team competing in 26 games in total. Three points are awarded for a win, one for a draw, and zero for a loss. The teams are ranked in the league table by points gained, then goal difference, then goals scored, and then their head-to-head record for that season (including away goals record).

At the end of the season, the top two team is promoted to the V.League 1 and the bottom two teams are relegated to Second Division.

Competition format Seasons 2000 to 2019: teams played a double round-robin format to earn points. The champion team was promoted to V.League 1. The bottom 1 or 2 teams were relegated to the National Second Division. This format was used again in the 2022 and 2023 seasons, the last seasons to be held in a calendar year.

In the 2020 season, after the first round of the round-robin, the top 6 teams played a single round-robin to find the champion, and the remaining 6 teams played a single round-robin to find the team to be relegated. The 2021 season was cancelled due to the COVID-19 pandemic. From the 2023–24 season onwards, the teams will play a double round-robin format over two years, from the autumn of the previous year to the summer of the following year.

Television On 1 November 2022, FPT Group-owned FPT Play will be the new domestic broadcaster for Vietnamese Professional Football Leagues competitions (V.League 1, V.League 2 and Vietnamese Cup) effectively from 2023 until 2027.

Prize money The prize money of the league as of 2025–26 V.League 2:

Position Purse (VND) Champion 2,000,000,000 Runner-up 1,000,000,000 Third-place 500,000,000

Current members The following 14 clubs compete in the V.League 2 during the 2026–27 season.

ClubFinishing position 2025-26 seasonLocationStadiumCapacityPVF-CAND 13th in V.League 1 (relegated)Hung Yen provincePVF Stadium4,500Becamex Ho Chi Minh 14th in V.League 1 (relegated)Ho Chi MinhBinh Duong Stadium13,035HCMC F.C. 3rdBa Ria–Vung TauBa Ria Stadium10,000Quy Nhon United 4thGia LaiQuy Nhơn Stadium15,000Xuan Thien Phu Tho 5thPhu ThoViet Tri Stadium20,000Van Hien University 7thHo Chi MinhThong Nhat Stadium14,400Khatoco Khanh Hoa 8thKhanh Hoa19 August Stadium18,000Quang Ninh 9thQuang NinhCam Pha Stadium20,000Dong Thap F.C. 10thDong ThapCao Lanh Stadium18,000Long An FC 11thTây NinhLong An Stadium20,000Hanoi F.C. B Winner of 2026 Vietnamese Second Division - Final Stage - Round 1HanoiTBD-Hue F.C. Winner of 2026 Vietnamese Second Division - Final Stage - Round 1Hue (city)Tu Do Stadium25,000Lam Dong Winner of 2026 Vietnamese Second Division - Final Stage - Round 2Lam Dong Da Lat Stadium20,000

Results Season Champions Runner-up Third place 2000–01 Binh Dinh Da Nang Ho Chi Minh City Customs Football Club 2001–02 Gach Dong Tam Long An Dong Thap Hoang Anh Gia Lai 2003 Haiphong Binh Duong Thanh Hoa 2004 Saigon Port Hoa Phat Hà Noi Thua Thien Hue 2005 Khatoco Khanh Hoa Tien Giang Dong A Bank 2006 Dong Thap Thanh Hoa Huda Hue 2007 Thể Công Van Hoa Haiphong An Giang 2008 Quân Khu 4 Hanoi T&T Cao Su Dong Thap 2009 Vissai Ninh Binh Hoa Phat Hanoi XSKT Can Tho 2010 Hanoi ACB Than Quang Ninh SQC Binh Dinh 2011 Xuan Thanh Saigon Cement Kienlongbank Kien Giang SQC Bình Dinh 2012 Dong Tam Long An Hanoi T&T B Dong Nai 2013 QNK Quang Nam Than Quang Ninh Hung Vuong An Giang 2014 TĐCS Dong Thap Sanna Khanh Hoa BVN XSKT Can Tho 2015 Hanoi T&T B Hue Ho Chi Minh City 2016 Ho Chi Minh City Viettel Nam Dinh 2017 Nam Dinh Hue Binh Phuoc 2018 Viettel Hanoi B Dong Thap 2019 Hong Linh Ha Tinh Pho Hien Binh Phuoc 2020 Binh Dinh Ba Ria Vung Tau Sanna Khanh Hoa BVN 2021Competition abandoned due to COVID-19 pandemic in Vietnam 2022 Cong An Nhan Dan Khanh Hoa Quang Nam 2023 Quang Nam PVF-CAND Long An 2023–24 SHB Da Nang PVF-CAND Truong Tuoi Binh Phuoc 2024–25 Phu Dong Ninh Binh Truong Tuoi Binh Phuoc PVF-CAND 2025–26 Truong Tuoi Dong Nai Bac Ninh Ho Chi Minh City

Top scorers Season Top scorer(s) Club(s) Goals 2005 Felix Aboagye Khatoco Khanh Hoa 14 2006 Đặng Phương Nam Thể Công 14 2007 Trịnh Quang Vinh Thể Công 13 2008 Flávio Cruz Huda Hue 18 2009 Eduardo Henrique Furrier Than Quang Ninh 16 2010 Nguyễn Xuân Thành Hanoi ACB 13 Jorge Luiz Cruz Boss Binh Dinh Christian Nsi Amougou Than Quang Ninh Nguyễn Thành Trung An Giang 2011 Christian Nsi Amougou Xuan Thanh Saigon Cement 17 2012 Souleymane Diabate XSKT Can Tho 21 2013 Uche Iheruome Hung Vuong An Giang 10 Đinh Thanh Trung QNK Quang Nam 2014 Huỳnh Văn Thanh Sanna Khanh Hoa BVN 10 2015 Trịnh Duy Long Hanoi T&T B 92016 Hồ Sỹ Giáp Binh Phuoc12 Nguyễn Tuấn Anh Ho Chi Minh City 2017 Võ Văn Minh Hue 5 Phạm Văn Thuận Nam Dinh Nguyễn Hồng Quân Dak Lak Bùi Duy Thường Viettel2018 Y Thăng Êban Dak Lak 15 2019 Nguyễn Xuân Nam Pho Hien 14 2020 Nguyễn Công Thành Dong Thap 12 2022 Nguyễn Thanh Nhàn Pho Hien 10 2023 Nguyễn Thanh Nhàn PVF-CAND 10 Lê Văn Nam Quang Nam 2023–24 Bùi Văn Bình Ba Ria-Vung Tau 11 2024–25 Lưu Tự Nhân Trường Tươi Bình Phước 9 2025–26 Tháileon Quy Nhơn United 14

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