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The hosts took the trophy and a $ 5,000 cash-prize after beating both Thailand and Taipei 3-2 on Friday and Saturday.
Goalkeeper Dang Phuoc Anh was voted the player of the tournament.
Qatar ranked second, while Thailand came third.
Karate master Dinh Long sets up school in Ha Noi
A karate school was renamed in honour of martial arts guru Doan Dinh Long at a ceremony in Ha Noi on Sunday.
The school, in Dong Da district sports centre, was formally known as the Suzucho Karate School and was built in 1983.
Doan Long Karate School was renamed in recognition of 63 year old Long's achievements in the field, that include coaching the national team to two silver medals at the 1994 Asian Games in Japan.
The school has trained thousands of martial arts enthusiasts from Ha Noi for nearly 30 years.
Hai Phong Cement draw with national squad in friendly
Viet Nam's national football team drew 2-2 with Hai Phong Cement in a friendly game to raise money for flood victims in the central region at Hai Phong City's Lach Tray Stadium on Saturday.
The Viet Nam Football Federation said the charity match raised VND100 million (US$50,000) from ticket sales and donations.