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May 21, 2025economicforeign investmentethicstrade policyforeign dealsreal estatetrade

Trump Organization breaks ground on $1.5 billion Vietnam golf resort

On May 21, 2025, Vietnam's prime minister and Eric Trump attended a groundbreaking ceremony for a Trump Organization-branded $1.5 billion golf and residential project outside Hanoi. Reuters reported the ceremony took place as Vietnam was negotiating with the Trump administration over U.S. tariffs.