The Hanoitimes - Profit generated from the group’s previous projects in Vietnam would be utilized for the race-track complex project. PM okays US$420-million racetrack complex in Hanoi Hanoi to raise US$250 million per year from US$400-million racetrack complex South Korea’s Charmvit Group has been gathering necessary conditions for construction of a race-track complex in Hanoi, and expects to receive supports from local government for early implementation, said the Group’s President Lee Daa Bong. Hanoi People’s Council Chairwoman Nguyen Thi Bich Ngoc (R) and Charmvit Group's President Lee Daa Bong on February 21. With strong support from the government, Charmvit Group hopes to soon receive the investment license for the project, said Lee in a meeting with Hanoi People’s Council Chairwoman Nguyen Thi Bich Ngoc on February 21. Lee added that profit generated from the group’s previous projects in Vietnam would be … [Read more...] about South Korea’s Charmvit Group seeks Hanoi support for race-track complex project