President Trump to invest $1.5 billion into a golf project in Vietnam
Northern Vietnam is about to witness a transformative development with the approval of a $1.5 billion urban, eco-tourism, and golf complex in Hung Yen province by the Trump Organization. Spanning 990 hectares along the Red River, this monumental project is designed to be a self-contained destination. According to an approval signed by Deputy Prime Minister Tran Hong Ha, the project will also encompass two championship golf courses—a 36-hole and an 18-hole layout—alongside a residential district and a state-of-the-art theme park.
The commencement of construction is planned for the second quarter of 2029. The successful execution of this venture will involve close guidance from Hung Yen authorities, who are responsible for selecting the developer and overseeing land management, with additional support from the Ministry of National Defense and the Ministry of Public Security on security matters and foreign property ownership.
This significant undertaking is a joint proposal from a subsidiary of Vietnamese real estate giant Kinh Bac City, which manages vast industrial and urban zones and attracts over $5 billion in foreign investment annually, and The Trump Organization - the conglomerate of President Donald Trump - recognized for its global presence in luxury real estate and hospitality. This means that this project in Hung Yen will also be a part of The Trump Organization’s enormous properties, including numerous hotels, golf courses, commercial real estate, and residential properties in Dubai, Indonesia, Oman, South Korea, the Philippines, and India.
Meanwhile, the province of Hung Yen, located 60 kilometers from Hanoi to the southeast, has already grown itself to be a significant real estate market in recent years. With the investment of domestic and foreign developers like Ecopark, Vinhomes, Masterise, and CapitaLand, real estate properties in Hung Yen are proven to possess high potential for future investments.
The project is a testament to Hung Yen's rapidly growing real estate market, which has consistently drawn substantial foreign direct investment and major developers, cementing its position as a key investment hub in the region.
As of now, although there is very little information available on the details and blueprints of this project, it doesn’t change the promising values that it brings to both the investors, the province of Hung Yen, and Golfers traveling to Vietnam.
