Navibank Saigon beat Quang Ninh 2-0 in a play-off match at Da Nang's Chi Lang Stadium on Sunday to retain its V-League berth for the next season.
An overall superior performance and two goals in five minutes midway through the second half helped ensure that Ho Chi Minh City still had a representative in the country's top-tier football league. The squad was formerly known as the Fourth Military Zone.
While a V-League spot is valuable, Navibank Saigon faces an uphill task if it wants to do well in the next season.
Team coach Mai Duc Chung said after the match, "I'm not sure whether I will stay with the club. However, improvement is very necessary. HCMC football has being going downhill a lot.
"If the officials in charge don't contribute to improving the squad, it will be impossible for Navibank Saigon to avoid relegation to First Division at the end of the next season because the 2011 season will be more severe."
Club owner Nguyen Vinh Tho said it was great that the club could stay on in the V-League.
"Navibank Saigon will be strengthened. Some good players have agreed to play for the club," Tho said. "We work for the fans, so they can trust us."
Tho also said the club would discuss an agreement to have Chung stay with the club.