Vietnamese Prime Minister and Eric Trump, the son of the US President Donald Trump, held a ceremony of the foundation stone for a luxury residential complex worth $ 1.5 billion with 18 holes, not far from Hanoj, the capital of Vietnam, writes NBC.
The family company of the American president, Trump Organization, and its local partners received the approval for the project until last week from the communist authorities in Vietnam, which at the same time are negotiating the customs.
Prime Minister Pham Minh Chinh said Eric Trump had “motivated” to accelerate this project and called on local authorities to provide maximum support and facilitate the completion of the area of one hectare.
Plans for Possible Skyscraper
After writing the NBC, Eric Trump should also hold a meeting with Ho Si Minh officials to consider the plans for the possible skyscraper in the southern business center of Vietnam, according to the internal schedule he saw Reuters.
#Breaking: Erin: “Now to our other Big Story Tonight, the Trump Family Cashing in Big Time. President Trump’s Son @Erictrump is now arriving in Vietnam. In Just Hours, He’ll Be Breaking Ground On A $ 1.5 Billion Golf Resort There … And While #Erictrump Is in Vietnam Receiving a … pic.twitter.com/rhoxxzome7
– Emoluments Clause (@emolclause) May 21, 2025
Projects that will develop in Vietnam will be “Envy of the entire Asian and around the world,” Eric Trump said, which is senior vice president of the Trump Organization.
He praised the Vietnamese Partner, the company for real estate Kinhba City, and promised to “Very often” visit the country.
Cooperation, whose conditions are not publicly published, “will be based on the development of 5-star hotel, championship levels, luxury residential settlements and unparalleled content in Vietnam,” the In October, the index report is reported.
Customs in the amount of 46% for Vietnam
Vietnam was to be affected by some of the highest American customs rates, as much as 46%, when President Trump 2. April announced his plan “Day of Liberation” for global customs.
Trump has then postponed the introduction of customs in 90 days, reminds NBC.
Vietnamese trade negotiators are located in Washington to discuss compromises. So far, the offers include reducing customs barriers, strengthening the fight against trade in trade and forgery and enabling favorable conditions for Starlink, the company owned by Trump’s close ally Elon Men, for the introduction of satellite internet in Vietnam.
The organizers state that the project in Hung Yen, a few kilometers south of Hanoi with the Red River, quickly received the approvals of local authorities.
Trump Organization has luxury golf projects, completed or under construction, in countries from Indonesia to the Middle East.
(Vijesti.ba)