The Hanoi Buffaloes will head into the 2018 VBA season with a new owner. The league announced that the team’s ownership has been transferred from Công ty Toàn Gia Hân to Công ty Hanoi Buffaloes, which is headed by Mr. Huỳnh Minh Việt.

Photo credit: Leadvisors Capital Management

Mr. Minh Việt is currently the CEO of LS Holdings and is reportedly an avid basketball fan. A Harvard and Stanford grad, he’s been spotted in the stands for VBA games in the past. It will be seen if this change will help the Buffaloes reclaim the title as the Capital’s team.