Trump Organization Breaks Ground on $1.5B Vietnam Golf Resort

The Trump Organization, in partnership with Vietnamese real estate firm Kinhbac City, has broken ground on a $1.5 billion luxury golf resort near Hanoi, Vietnam, featuring three 18-hole golf courses and a high-end residential complex targeted for completion in 2027. The groundbreaking ceremony was attended by Eric Trump and coincided with ongoing U.S.-Vietnam trade negotiations aimed at avoiding punitive tariffs. The project, which received swift government approval, aims to establish a new standard for luxury hospitality and residential developments in the region, with plans for further multi-billion-dollar investments. Local concerns over fair land compensation have been addressed by Prime Minister Pham Minh Chinh, who assured equitable treatment for affected residents. Eric Trump is also exploring additional opportunities in Ho Chi Minh City, including a potential skyscraper project. This development extends the Trump Organization's global expansion in luxury real estate across Asia and the Middle East.