Eric Trump Attends Groundbreaking Event for $1.5 Billion Vietnam Resort
Eric Trump attended a groundbreaking ceremony for the Trump Organization 's new $1.5 billion luxury resort complex in northern Vietnam even as the nation's leaders negotiate with the US administration to avoid a cripplingly high tariff.
The project in Hung Yen province, which will feature five-star hotels, golf courses and residential estates, spans more than 990 hectares (2,446.3 acres) along the Red River, and is expected to be completed by 2029 at the latest. The complex is a joint development between the Trump Organization, local partners IDG Capital Vietnam, and a unit of Vietnamese developer Kinh Bac City Development Holding Corp., as well as other investors.
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