Prime Minister Nguyen Xuan Phuc has agreed on offering to host a Formula One Race, however, the My Dinh National Sports Complex area, not Hoan Kiem Lake was proposed instead.

The information was given by Government Office Chairman Mai Tien Dung at the government’s regular meeting on August 30. 

   

Hanoi initially wanted to host the race around the Hoan Kiem Lake, but concerned ministries and agencies found it unsuitable.

The capital city then proposed hosting the game in the My Dinh National Sports Complex in Nam Tu Liem District to take advantage of the existing infrastructure there.

“This is very new to Vietnam but the authorities all support it. A green light has been given to Hanoi to approach the race organisers,” he said.

According to Dung, Hanoi has been asked not to spend state funding for this event. Instead, the city has to use private funds for it.

Hanoi should also consider the race as a chance to attract visitors, particularly foreigners, to promote the capital city’s images to the world.

Negotiations are still under way with Formula One organisers and no more details about the race have not yet been revealed.