The 2020 V.League 2 (referred to as LS V.League 2 for sponsorship reasons) is the 26th season of V.League 2, Vietnam's second tier professional football league.

The season began on 5 June 2020 and finished on 31 October 2020.

For this season, there is only 1 promotion and 1 relegation spots due to the effects of the COVID-19 pandemic, and the league will be expand to 14 clubs since the 2021 season.

The following teams had changed division since the 2018 season.

Promoted from 2019 Vietnamese National Football Second League Relegated from 2019 V.League 1 Relegated to 2020 Vietnamese National Football Second League Promoted to 2020 V.League 1