Phù Đổng era Phù Đổng was established in
Hanoi in 2015, competing at the
Vietnamese Football League Second Division. Before the 2017 season, Phù Đổng had recruited former national team
defender Vũ Như Thành as captain, and persuaded midfielder
Cao Sỹ Cường to continue playing. At the same time, the team also announced information about the new major sponsor, Mitsubishi Motors Vietnam, with a large amount of funding. In 2021, the club promoted to the
V.League 2. Due to their home stadium Thanh Trì in Hanoi not meeting the league's capacity requirements, the club switched its home stadium to the
Ninh Bình Stadium in
Ninh Bình province from the
2023 season.
Relocation to Ninh Bình and first successes In the
2023–24 season, the club permanently moved its location to Ninh Bình, thus changing the team name to the current
Phù Đổng Ninh Bình. In the following season, after
LPBank became the main shareholder of the club, its entire players and staffs were switched with
LPBank HCMC. Following LPBank's big investments to recruit quality players to the team such as
Nguyễn Hoàng Đức,
Đặng Văn Lâm or
Đinh Thanh Bình, in
2024–25 season, Phù Đổng Ninh Bình secured promotion to the
V.League 1 for the first time in their history after an undefeated season at the V.League 2. In June 2025, Phù Đổng Ninh Bình changed their name to
Ninh Bình. On 3 July 2025, the club announced the arrival of their manager, Spanishman Gerard Albadalejo. The club also released their new logo, which was inspired from the logo of the former
Vissai Ninh Bình. ==Kit suppliers and shirt sponsors==