V.League 2 (Vietnam) 2027/28

V.League 2 (Giải bóng đá hạng Nhất Quốc gia) operates as the second tier of Vietnamese football, sitting directly below V.League 1 and above the Third Division. Established in its current professional form in 2000 by the Vietnam Football Federation and the Vietnam Professional Football Joint Stock Company, the competition evolved from earlier structures including the A2 League and the Second Division. The league is organized by the Vietnam Professional Football Joint Stock Company.

The 2026–27 season features 14 clubs, including Bắc Ninh, Bình Định, Bình Phước, Dong Thap, Ho Chi Minh City, and Hồ Chí Minh II. Each side plays every other team twice in a double round-robin format, resulting in 26 matches per team. There are no group stages or play-offs; the champion is determined by the highest point total at the conclusion of the season. Promotion and relegation follow a strict two-up, two-down system. The top two teams move to V.League 1, while the bottom two drop to the Third Division.

Historical success is shared among several clubs. Binh Dinh FC, Dong Thap FC, Long An FC, Ho Chi Minh City FC, Quang Nam FC, and Hanoi FC have each won the title twice. The most recent champions were Phu Dong Ninh Binh. The league transitioned to an autumn-to-summer schedule in 2023–24 and introduced one foreign player slot starting in 2025–26. This structure ensures high turnover, defining the competition as a developmental bridge to the top tier.