HANOI, Vietnam--(BUSINESS WIRE)--Premier global nutrition company, Herbalife (NYSE: HLF), has reaffirmed its long-standing commitment to Vietnam sports with the official signing of five-year nutrition sponsorship agreements with the Vietnam Olympic Committee (VOC) and Vietnam Paralympic Committee (VPC) today. The completion of the nutrition sponsorship agreements ahead of the 2017 Southeast Asian (SEA) Games and the 2017 ASEAN Para Games paves the way for Herbalife Nutrition to provide sports nutrition products, nutrition training, awards and incentives to support Vietnamese athletes bound for the two sporting events to be held in Kuala Lumpur, Malaysia this year.
As the Official Nutrition Sponsor for the VOC and VPC, Herbalife Nutrition will provide:
- Sports nutrition training for Vietnamese athletes bound for the 2017 SEA Games and 2017 ASEAN Para Games,
- Sports nutrition products from the Herbalife 24 and targeted Nutrition product lines,
- Awards for the first 10 Vietnamese gold medalists at the 2017 SEA Games, and the first 10 Vietnamese gold medalists at the 2017 Para Games.
- Opportunities for selected athletes and coaches to receive sports nutrition education in the U.S.A.
The five-year partnership from 2017 to 2021 also affirms Herbalife Nutrition’s position as the Official Nutrition Sponsor for Vietnamese athletes bound for the 2018 ASIAN Games, 2019-2021 SEA Games, 2019-2021 ASEAN Para Games, 2020 Summer Olympics in Tokyo, and the 2020 Summer Paralympics.
“Herbalife Nutrition is delighted and honored to continue as the Official Nutrition Partner for the Vietnam Olympic Committee and Vietnam Paralympic Committee. As a global nutrition company with a commitment to providing the best nutrition products for athletes all over the world, we believe that we will be able to support the Vietnam sports community with our science-backed nutrition expertise and products, to empower them to deliver their best performances on the sporting fields,” said Ms. Shobie Ann King, Vice President, Southeast Asia at Herbalife Nutrition.
Herbalife Nutrition first began its nutrition partnership with the Vietnam Sports Administration in 2012.
Most recently at the 2016 Summer Olympics in Rio, the Vietnamese team won one gold and one silver medal – a record performance by the Vietnamese Olympic team. The Vietnamese Paralympics team also put in a sterling performance, garnering one gold, one silver and two bronze medals at the 2016 Summer Paralympics in Rio.
“The Vietnamese sports industry has made a number of extraordinary developments and achievements, and we are delighted that Herbalife Nutrition has made meaningful contributions to these impressive results,” said Mr. Tran Van Manh, the Secretary General of Vietnam Olympic Committee. “With the help of Herbalife Nutrition’s high quality nutrition products, Vietnamese athletes have gained sufficient energy and vitality in preparation for international sporting competitions. Herbalife Nutrition’s training sessions by their nutrition experts have also helped to equip our athletes with valuable knowledge on developing diets with the balanced nutrition philosophy. This not only helped to improve their physical fitness, it also enabled them to be in their best state of mind to reach their fullest potential at sporting events,” he added.
“Thanks to the remarkable improvements made in nutrition and practice methods, Vietnam’s Paralympic team achieved outstanding results at international arena last year, which made our fellow Vietnamese countrymen proud. With continuous support from our partnering experts and sponsors, we expect our athletes to continue pushing the limits of sporting performances, breaking records and seeing breakthroughs in results this year.” said Mr. Pham Van Tuan, President of Vietnam Paralympic Committee.
About Herbalife
Herbalife Nutrition is a global nutrition company whose purpose is to make the world healthier and happier. The Company has been on a mission for nutrition - changing people's lives with great nutrition products & programs - since 1980. Together with our Herbalife Nutrition independent members, we are committed to providing solutions to the worldwide problems of poor nutrition and obesity, an aging population, sky-rocketing public healthcare costs and a rise in entrepreneurs of all ages. We offer high-quality, science-backed products, most of which are produced in Company-operated facilities, one-on-one coaching with an Herbalife Nutrition independent member, and a supportive community approach that inspires customers to embrace a healthier, more active lifestyle.
Our targeted nutrition, weight-management, energy and fitness and personal care products are available exclusively to and through dedicated Herbalife Nutrition members in more than 90 countries.
Through its corporate social responsibility efforts, Herbalife Nutrition supports the Herbalife Family Foundation (HFF) and its Casa Herbalife programs to help bring good nutrition to children in need. The Company is also proud to sponsor more than 190 world-class athletes, teams and events around the globe, including Cristiano Ronaldo, the LA Galaxy, and numerous Olympic teams.
The company has over 8,000 employees worldwide, and its shares are traded on the New York Stock Exchange (NYSE:HLF) with net sales of approximately US$4.5 billion in 2016. To learn more, visit Herbalife.com or IAmHerbalife.com.
The company also encourages investors to visit its investor relations website at ir.herbalife.com as financial and other information is updated and new information is posted.
