On 16 August 2014, XSKT Cần Thơ defeated
Hùng Vương An Giang 3–0 in the play-off match in
Bình Dương and won promotion to
V.League 1 for the
2015 season. At the start of the
2016 season, the team continued to invest heavily, signing the top scorer of the
2015 V.League 1 Patiyo Tambwe, along with other quality players. In late February 2022, Tây Đô Group officially took over the operation and management of the team from the 2022 season. Towards the end of the
2022 season, Cần Thơ players considered striking and withdrawing from the league due to long-overdue salaries and bonuses. However, the Cần Thơ City People's Committee took over the team and supported them to finish the season. The team finished the season in 8th/12 place. The Cần Thơ City People's Committee tried to find new sponsors but was unsuccessful. There were rumors that Cần Thơ FC would be transferred to Lâm Đồng to continue playing in the V.League 2, but this did not materialize due to the tight schedule. On 18 February 2023, a representative of the Vietnam Professional Football (VPF) company confirmed that Cần Thơ would not participate in the
2023 V.League 2. VPF had previously extended the registration deadline twice for Cần Thơ to help the club find a solution to continue playing. After withdrawing from the V.League 2, the team registered for the
2024 Vietnamese Third Division with a core of young players. The team finished the season in last place in Group B and did not register for the 2025 season. ==Crests and colours==