Vietnam will host a Formula 1 grand prix for the first time in 2020.
A “multi-year” deal has been agreed to stage the race, which will take place on the streets of the capital Hanoi.
It is the first new addition to the calendar under Liberty Media’s ownership of the sport.
“Since we became involved in this sport in 2017, we have talked about developing new destination cities to broaden the appeal of Formula 1,” said F1’s chief executive Chase Carey.
“The Vietnamese Grand Prix is a realisation of that ambition.”
The Hanoi track, which features 22 turns over its 5.565km length, will become F1’s fourth street race, along with Monaco, Singapore and Azerbaijan.
The circuit, designed in collaboration with ubiquitous F1 designer Hermann Tilke, also features long straights, one of which is 1.5km in length and should see cars reach speeds of around 335km/h (208mph).
The design also liberally borrows features from other world-famous tracks.
The first two corners mirror those of Germany’s Nurburgring, while the section from Turns 12 to 15 have been nspired by a section of Monaco street circuit, running from Sainte-Devote up the hill to Massenet.
Turns 16-19 echo the sweeping Esses at Suzuka and the final three corners take inspiration from Malaysia’s Sepang.
Carey added that work had been done to “enable a circuit that will not only test the drivers but also ensure that our fans enjoy the racing spectacle”.
“It’s a further demonstration of Vietnam’s ability, as one of the fastest growing economies in the world to host events on a global scale and attract tourism to the country,” said city of Hanoi chairman Nguyen Duc Chung.
The Vietnam Grand Prix is the third race to be established in south-east Asia following Singapore and Malaysia – the latter being scrapped following the 2017 race due to poor ticket sales.