Vitaliy Valeriyovych Parakhnevych (; born 4 May 1969) is a Tajikistani retired footballer who played as a forward. He also held Ukrainian citizenship before 1996.
In August 1997, the Tajikistan national team was to take 16 players to South Korea to face the South Korea national team, but due to missing passports, only 12 players traveled. As a result, the Tajikistan Football Federation called upon Parakhnevych and Valeri Sarychev who were currently playing in the Korean K League.