That would make Vietnam the third Southeast Asian nation after Singapore and Malaysia to welcome top-flight auto racing as the franchise seeks to move into new markets. The race will be hosted in the capital Hanoi. The course is set to be unveiled at a gala next week, the Hanoi People's Committee said. Officials had originally considered holding the race around Hanoi's scenic Hoan Kiem Lake near the bustling Old Quarter, but decided instead on avenue near My Dinh national stadium, where streets are wider. F1 race director Charlie Whiting told reporters earlier this month that he has visited the site in Hanoi and is confident the course will be ready in time for the 2020 season.