Vietnam is intending to join the Formula 1 calendar for the 2020 season, with a street-based course in the city of Hanoi.
Formula 1’s owners Liberty Media have been seeking to expand the roster, with Vietnam among several potential destinations.
Plans for a Grand Prix in Miami for next year were ultimately postponed, with progress having currently stalled, while Copenhagen has also formed tentative proposals.
FIA Race Director Charlie Whiting confirmed that wheels are in motion for Vietnam to join the series at the start of the next decade.
“There's no actual progress on building the track but the site's been identified, it's in the advanced stages of design,” said Whiting.
“As far as I'm aware, they're aiming for a 2020 Grand Prix, which shouldn't be a problem based on previous experience.”
Whiting confirmed that the circuit would be constructed to the west of Hanoi, around 12 kilometres from the centre of the city.
“It's mainly on the streets and there's a section which is not yet built,” he said.
“So, it's an open site where the pit building's going to be built. Part of the track will be built there which doesn't exist at the moment.
“But it will become a road, I understand, after that.”