Vietnam fast-tracked a $1.5 billion Trump Organization golf project while negotiating tariffs with the administration
The groundbreaking took place during bilateral trade talks; the disclosure reports a $5 million license fee.
Hung Yen Hospitality Services
Vietnamese partner entity on the $1.5 billion Trump Organization project in Hung Yen province.
Profile sources: Reuters
Claims involving Hung Yen Hospitality Services (1)
Documented relationships (1)
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| Subject | Relationship | Object | Establishes / does not establish | Sources |
|---|---|---|---|---|
| The Trump Organization | contracted with | Hung Yen Hospitality Services | Partnership on the $1.5 billion Hung Yen project approved by Vietnam in May 2025, per Reuters. Does not establish: Total fees over the project's life. | Reuters Reuters |
On the timeline
- 2025-05-16 Business Vietnam approves the $1.5 billion Trump Organization partner project
- 2025-05-21 Business Groundbreaking on the Vietnam golf complex, with Vietnam's prime minister attending