Trump Organisation to develop $1.5b major golf and hotel complex in Vietnam

By Yomna Yasser On Oct 8, 2024

Trump Vietnam — The signing ceremony of cooperation between Trump Organisation - represented by Eric Frederick Trump - and Hung Yen Investment Group - represented by Dang Thanh Tam - Chairman of KBC - witnessed by US former president Donald Trump (KBC Photo)

Vietnam’s real estate developer Kinhbac City (KBC) announced on Tuesday that its subsidiary is partnering with The Trump Organisation to develop a golf course and hotel project in northern Vietnam with a total investment of about $1.5 billion.

This comes after a memorandum of understanding between the two companies was signed in late September during the visit of Vietnamese President To Lam to the United States, KBC said in a statement.

Attribution: Kinhbac City (KBC)