The club that has won the V.League four times is now in the worst period in its history.

Becamex TP.HCM is enduring the most difficult season ever, with the threat of a relegation playoff in the 2026 V-League looming.

The club Becamex TP.HCM Becamex TP.HCM is having one of the most forgettable seasons since joining the V-League. The team, a four-time national champion, is now drawn into a tense relegation battle with only two rounds left. A 0-1 home defeat to SLNA in round 24 has made the situation for the Thủ Dầu Một-based side more alarming than ever.

Once seen as a "giant" of Vietnamese football and dubbed the "Chelsea of Vietnam", Becamex TP.HCM has now lost its way. The team no longer maintains its former stability, both in playing style and competitive spirit. Since a win over Hồng Lĩnh Hà Tĩnh in March, the side has gone eight consecutive matches without a victory—an astonishing statistic for a squad boasting many seasoned players.

Becamex TP.HCM's biggest weakness lies in its defense. After 24 rounds, the team has conceded 40 goals, the worst record in the league. Each passing game leaves a sense of unease in defense as goalkeeper Minh Toàn frequently picks the ball out of the net. The lack of solid defense keeps the team always on the back foot, and the players are under increasing pressure.

The crisis in form has also led to constant upheaval on the coaching bench. This season, Becamex TP.HCM has changed coaches more than any other V-League club. From Nguyễn Anh Đức and Đặng Trần Chỉnh to Nobuhiro Ueno and now HLV Hứa Hiền Vinh, none have been able to turn the team around. After the first two matches under HLV Hứa Hiền Vinh, Becamex TP.HCM remained winless, showing that the team's problems cannot be solved simply by changing managers.

What many regret is that Becamex TP.HCM does not lack quality personnel. Names like Hồ Tấn Tài, Vĩ Hào, Việt Cường and Minh Khoa are all skilled players. Yet the team still cannot achieve the necessary cohesion. Moreover, Hồ Tấn Tài's red card in the match against SLNA has made the situation even more difficult, as the national team player will miss the two decisive rounds.

Ahead of Becamex TP.HCM lies an enormous challenge as they play away against Công an Hà Nội, a team that is aiming to lift the championship trophy on home soil. If they lose again, the Thủ Dầu Một-based side could well fall into the relegation playoff spot. From a powerhouse that once dominated Vietnamese football with four V-League titles, Becamex TP.HCM now faces the risk of writing the saddest chapter in the club's history.