The capital city of Hanoi will host the Formula One Grand Prix for the first time in April 2020 under the sponsorship of Vingroup, Chairman of the municipal People's Committee Nguyễn Đức Chung said at a press conference in Hanoi on November 7th.
The event will popularise the images of Hanoi and Vietnam to the world, entertain the public with its weekend events, and attract more foreign tourists to the city.
Chairman and Chief Executive of Formula 1 Chase Carey spoke highly of his cooperation with Hanoi authorities, expressing his wish that it will become a long-term partnership, bringing Hanoi closer to the world and vice versa.
Hanoi's Mỹ Đình national stadium is expected to host the event. Hanoi also plans to hold sideline events to optimise opportunities for popularising the city to the world. It will be the second city to host the race in 2020, following Singapore.