Donald Trump, as a passionate lover of golf, decided to make quite interesting moves. Namely, the Trump Organization will invest 1.5 billion dollars in the project of a luxury golf course and an urban complex in the north of Vietnam. Judging by the reports of the media, this project should be completed in exactly two years.
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Charles James Boyd-Bowman, CEO of IDG Capital Vietnam, representative of the Trump Organization in Vietnam, confirmed this in a conversation with the Vietnamese Prime Minister. The project should start in two months, and will include three 18-hole golf courses and a residential complex.
This will be a really great project, and an opportunity for golf fans in Asia to get a phenomenal complex and courses.It is known that there are many golf fans on this continent, and talented children who want to play on the PGA Tour one day.
US tariffs on Vietnam
This news is important considering the risk of US tariffs on Vietnam, which has one of the largest trade surpluses with Washington. Last year, this country exported goods worth 30% of its GDP to the US.
The Prime Minister of Vietnam emphasizes how necessary it is for the Trump Organization to continue with investments, wanting his country to become as stable as possible, and at the same time to achieve a stronger partnership with the USA.
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In addition, he wants other companies to follow the same example, investing money in a country that really has a perspective and potential for development.
The authorities of Vietnam have confirmed that they will make an effort to ensure that this project complies with the laws, and at the same time that everything goes smoothly, without any unforeseen situations.
Vietnam is a country that wants to step into the future with new projects and investments from economic powers like the USA. On the other hand, the Trump Organization is known for its incredible attention-grabbing projects. They will not stop there, that's for sure, and it will be interesting to see if they plan similar investments in Asia in the future.
