Vietnam approves Trump Organization's $1.5 billion golf, real estate project

Vietnam's state media say the government has approved a $1.5 billion proposal by the Trump Organization and its Vietnamese partner to build golf courses, hotels and real estate projects in the Southeast Asian country. The project spanning 990 hectares in northern Vietnam’s Khoai Chau district will include a golf course the size 336 American football fields, residential areas, commercial spaces and parks. Vietnam is heading into negotiations with the U.S. in a bid to avoid the 46% tariffs on its exports announced by President Donald Trump’s administration. Vietnam also has been facing heat from Washington for not doing enough to prevent the diversion of Chinese goods through its borders.

AP News
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