Trump-Backed Golf Resort Advances as Vietnam Seizes Farmland
Bloomberg 2026-06-25 21:00:00
Context: In northern Vietnam, a $1.5 billion luxury golf resort project backed by the Trump Organization is moving forward, prompting the Vietnamese government to seize farmland and issue eviction notices to local farmers. The project, which is already behind schedule, aims to establish a high-end golf resort in the region. The development has significant implications for local communities and raises concerns about land acquisition and economic impact.
Key Facts
- The Trump Organization-backed luxury golf resort project in northern Vietnam has a budget of $1.5 billion and is currently behind schedule.
- Eviction notices have been sent to local farmers to make way for the project, which involves the seizure of farmland by the Vietnamese government.
- The project aims to establish a high-end golf resort, marking a significant development in the region's tourism and real estate sectors.