Hai Phong is crafting a 'miraculous' story this season.

Despite having a team worth just 2.8 million Euros, Hai Phong continues to excel remarkably, rising to third place due to strong performances under the guidance of coach Chu Dinh Nghiem.

Their squad is valued at approximately 2.8 million Euros according to Transfermarkt, ranking fifth lowest among the 14 V-League clubs in the 2025/26 season, and six times less than Nam Dinh.

In fact, along with HAGL, the Hai Phong club is one of only two teams whose squad value has dropped compared to last season. However, contrary to market value, Hai Phong is impressing the entire league with their outstanding performances on the pitch.

Following a 2-1 win against CA TP.HCM at Thong Nhat Stadium, coach Chu Dinh Nghiem’s team extended their winning streak to three matches, moving up to third place with 17 points from 9 rounds, just 4 points behind league leaders Ninh Binh FC. This is a surprising outcome considering the club’s financial and squad strength this season.

Notably, Hai Phong is competing without Lucao, one of the top scorers in the 2024 V-League. Nevertheless, the team still displays an aggressive attacking style, scoring 18 goals.

Foreign players like Tagueu and Fred Friday, along with domestic talents such as Manh Dung and Viet Hung, are creating a formidable offensive force, strongly reflecting coach Chu Dinh Nghiem’s tactical approach.

Under the leadership of this experienced coach, Hai Phong demonstrates a resilient fighting spirit, disciplined play, and rapid attacking transitions. Without expensive stars, the team’s strong cohesion and collective mentality have helped them repeatedly overcome stronger opponents.

The victory over CA TP.HCM also marks coach Chu Dinh Nghiem’s 50th win as head of Hai Phong. After 122 matches, he has earned 184 points, contributing to shaping a distinctive team ready to compete with any rival.

From a squad considered low in transfer value, Hai Phong is proving that true worth lies in spirit and effectiveness on the field. If they maintain this form, coach Chu Dinh Nghiem’s side could realistically aim for the championship, a prospect that experts did not expect before the season began.