Coach Tran Duc Quynh said that young tennis star Ly Hoang Nam will participate in 10 international tournaments to accumulate points before the Youth Australian Open 2014, and the estimated funding for these events is up to over VND1 billion ($50,000). Ly Hoang Nam (second from the left) with the Asian gold medal After the success at the young Asian Games 2013, BECAMEX Binh Duong – the sponsor of Ly Hoang Nam – has asserted to strongly invest in this 16-year-old tennis star. The most important issue is to build the most appropriate "runway" for Nam so this young athlete can further develop. According to coach Tran Duc Quynh, one of the factors that brought success to Hoang Nam is making reasonable requirements to him so the boy can naturally develop. The coach said the next step after the Asian gold medal is attacking the young Grand Slam. After competing in this playground with certain successes, Nam will become a professional player, targeting the Challenge, Men’s Future... tournaments. The plan will be built step by step. Initially, to be eligible to attend the Australian Open 2014, Ly Hoang Nam needs to actively participate in a series of tournaments in the coming time to accumulate points. Coach Tran Duc Quynh revealed that initially, Nam will attend two tournaments in China and in October, after the national championship, Nam will compete in two tournaments in Thailand and two others in South Korea. In the last two months of the year, he will attend the tournaments in North America and South America, including one in Mexico, two in the U.S., one in Venezuela and on in Costa Rica before going to Australia. Coach Tran Duc Quynh estimated that Nam needs over $50,000 of funding to participate in the above events. Apart from investment from Becamex Binh Duong, he needs more funding from other organizations. VNN