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The signing ceremony is witnessed by the President and representatives and leaders of the delegation. 

Photo: THANH BINH

On July 26, during a trip to accompany the President Vo Van Thuong and his wife to make a visit to Italy, Chairman of Binh Dinh Provincial People's Committee Pham Anh Tuan and Binh Dinh F1 Joint Stock Company (BDF1, headquartered in Quy Nhon city) a branch of H2O Management LTD (H20 Racing) - the implementation unit of UIM F1H2O headquartered in Italy, signed a memorandum of understanding to cooperate in organizing an UIM F1H2O and UIM-ABP Aquabike high-speed water racing competition in Quy Nhon City, Binh Dinh Province (the Grand Prix of Binh Dinh). The expected time to hold the event is from March 22 to March 31, 2024.

Accordingly, with an annual plan for 5 consecutive years from 2024 to 2028, the parties have agreed to make this world's top water sport an annual activity in Binh Dinh province.

In addition, BDF1 and F1H2O will support and connect potential and potential foreign businesses and partners to research and explore investment opportunities in Binh Dinh on the basis of Vietnamese law. .

At the signing ceremony, Mr. Pham Anh Tuan, Chairman of Binh Dinh Provincial People's Committee was committed to cooperating in deploying the UIM F1H2O and UIM-ABP Aquabike International water racing competition, thereby contributing to promoting the image. of Vietnam in general and Binh Dinh in particular to the world in a more vivid and attractive way.

Binh Dinh Provincial People's Committee Chairman Pham Anh Tuan delivers a speech. Photo: THANH BINH

The UIM-ABP Aquabike is a new competition in Vietnam and is considered one of the most colorful and exciting water racing competition in the world. UIM-ABP Aquabike includes many different types of races, such as: Runabout GP1, Ski GP1 for men, women and Freestyle.

The UIM-F1H20 competition is one of the fastest and most adventurous races in the world featuring dramatic maneuvers such as overcome curves at speeds over 145 km/h and reaching top speed of 226 km/h on straight sections. In history, there has been a racer who achieved a world record speed of 261 km/h.

During the Grand Prix of Binh Dinh International Racing Competition event 2024, Binh Dinh plans to organize an investment promotion to introduce investment opportunities in Binh Dinh to foreign investors, focusing on investors in the Middle East and Saudi Arabia.