Representatives of the Vietnam Football Federation (VFF) and executives of KOVA Paint Co., Ltd signed the sponsorship agreement in Hanoi on July 14.

The competition is expected to attract four teams from Vietnam, Thailand, the Republic of Korea and Australia. It is the good opportunity for participants to gain more experience for the final round of the 2010 Asian U19 Football Champs.

The four teams will play in a round-robin basis. The winner will be awarded a bonus of US$15,000, while the first runner-up and the second runner-up will receive US$10,000 and US$5,000, respectively.

KOVA promised a special reward for the Vietnamese team if they win at the tournament.

This is the second time Vietnam has been selected to host the SEA U19 Football Championships under the sponsorship of KOVA.