Vietnam Approves Trump Organisation's $1.5 Billion Golf and Real Estate Project
Vietnam has approved a $1.5 billion proposal by the Trump Organisation and its Vietnamese partner to develop golf courses, hotels, and real estate projects in the country. The project, spanning 990 hectares, is set to start this year and continue until 2029.
VietnamTrump OrganisationReal EstateGolf CoursesInvestmentReal EstateMay 17, 2025
The project, spanning 990 hectares (2,446 acres) in northern Vietnam’s Khoai Chau district, will include a golf course the size of 336 American football fields, residential areas, commercial spaces, and parks. The decision approving the investment was signed by Deputy Prime Minister Tran Hong Ha, the VN Express newspaper reported.
Vietnam is heading into negotiations with the US in a bid to avoid the 46% tariffs on its exports announced by President Donald Trump’s administration. Vietnam has also been facing pressure from Washington for not doing enough to prevent the diversion of Chinese goods through its borders.
The investment project was announced by Vietnamese real estate developer Kinhbac City, which partnered with Trump’s family business in October. Work on the project will start this year and continue until 2029.
The Trump Organisation did not immediately respond to a request for comment Friday. (AP)
Kinhbac City is a leading real estate developer in Vietnam, known for its ambitious and innovative projects. The partnership with the Trump Organisation marks a significant step in the company’s international expansion and underscores the growing interest in Vietnam as a destination for high-profile investments.
Frequently Asked Questions
What is the total investment amount for the project?
The total investment amount for the project is $1.5 billion.
What areas will the project cover?
The project will cover 990 hectares (2,446 acres) in northern Vietnam’s Khoai Chau district.
What components will the project include?
The project will include a golf course, residential areas, commercial spaces, and parks.
When will the project start and end?
The project is set to start this year and continue until 2029.
Who is the Vietnamese partner in this project?
The Vietnamese partner in this project is Kinhbac City, a leading real estate developer in Vietnam.
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