Trump Organization to Develop $1.5 Billion Golf Course and Hotel Project in Vietnam

Republican presidential nominee and former U.S. President Donald Trump reacts during a rally in Juneau, Wisconsin, U.S., October 6, 2024.(REUTERS/Brendan McDermid)

HANOI (Reuters) - Vietnam's real estate developer Kinhbac City (KBC) said on Tuesday that its subsidiary has partnered with The Trump Organization to develop a $1.5 billion golf course and hotel project in northern Vietnam.

A memorandum of understanding between the two companies was signed in late September during the visit of the Vietnamese President To Lam to the United States, KBC said in a statement.

 

(Reporting by Phuong Nguyen; Editing by Martin Petty)