Vietnam approves Trump Organization's $1.5 billion golf, real estate project
HANOI, Vietnam (AP) — Vietnam 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, state-run media reported Friday.
The project spanning 990 hectares (2,446 acres) in northern Vietnam's Khoai Chau district will include a golf course the size 336 American football fields, residential areas, commercial spaces and parks. The decision approving the investment was signed by Deputy Prime Minister Tran Hong Ha, the VN Express newspaper reported.
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.
The investment project was announced by Vietnamese real estate developer Kinhbac City, which partnered with Trump's family business in October.
Work on the project will start this year and continue till 2029.
The Trump Organization did not immediately respond to a request for comment Friday.
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Newsweek
16 minutes ago
- Newsweek
All the Signs Trump Is Preparing for a US Attack on Iran
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Even after the initial Israeli strikes began, Trump called on Tehran to double down on efforts to reach an agreement. As of Monday, however, Trump has adopted a notably more ominous tone. Shortly before his abrupt exit from the G7 meeting being held in Canada, he called on residents of Tehran, home to nearly 10 million people, to immediately evacuate, and later met with top national security officials at the White House Situation Room. The president further hardened his language on Tuesday, claiming on his Truth Social platform that "we have complete and total control of the skies over Iran," appearing to suggest the U.S. was already a party to the conflict. He even alleged to know the exact location of Iranian Supreme Leader Ayatollah Ali Khamenei, referring to the top Iranian authority as "an easy target," though, "we are not going to take him out (kill!), at least not for now." "But we don't want missiles shot at civilians, or American soldiers," Trump continued. 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On Tuesday, as Trump ramped up his rhetoric against Iran, Vance issued a lengthy personal appeal in defense of the president's decision-making process on X, formerly Twitter. Look, I'm seeing this from the inside, and am admittedly biased towards our president (and my friend), but there's a lot of crazy stuff on social media, so I wanted to address some things directly on the Iran issue: First, POTUS has been amazingly consistent, over 10 years, that… — JD Vance (@JDVance) June 17, 2025 He said the president "may decide he needs to take further action to end Iranian enrichment," while acknowledging that "people are right to be worried about foreign entanglement after the last 25 years of idiotic foreign policy." "But I believe the president has earned some trust on this issue. And having seen this up close and personal, I can assure you that he is only interested in using the American military to accomplish the American people's goals," Vance continued. 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Yahoo
16 minutes ago
- Yahoo
The Bombs the US Could Deploy If Trump Strikes Iran
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USA Today
17 minutes ago
- USA Today
Will the Fed cut rates Wednesday? Not likely, but here's when they might.
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