Ryan Giggs has signed a two-year contract to become director of football at a Vietnamese football academy, reports Sky Sports.

The Manchester United legend will begin his new position at the Promotion Fund of Vietnamese Football Talents FC [PVF] on November 20.

A statement on the academy's website revealed the 43-year-old will be responsible for "coaching players, training coaches and participating in building and developing PVF to become the leading youth football training centre in Vietnam, in line with the famous football academies across the world."

Giggs' former team-mate Paul Scholes is also being linked with a role at the academy.

The pair will be welcomed at the opening ceremony of PVF's new training centre later this month.