Trump Group’s $1.5 bln challenge in northern Vietnam anticipated to finish in 2027

A $1.5 billion high-end golf course, sports, eco-tourism and urban complex project, invested by the Trump Organization in the northern Vietnam province of Hung Yen, is expected to complete in March 2027 to serve the APEC Economic Leaders’ Meeting.

Charles James Boyd-Bowman, CEO of IDG Capital Vietnam which represents the Trump Organization in Vietnam, disclosed the information at a meeting with Vietnamese Prime Minister Pham Minh Chinh in Hanoi on Tuesday.

He said that the complex, set to meet the top standards of the organization, will house one of the leading golf courses in Vietnam and a globally famous golf destination.

The project is expected to be completed in two years (March 2027) to serve the APEC 2027. Hung Yen Investment and Development Group JSC and IDG Capital Vietnam are the project investors.

Boyd-Bowma noted that his company is working closely with Vietnam’s ministries and Hung Yen province to accelerate the project as quickly as possible.

For his part, PM Chinh said that Vietnamese agencies will conduct a thorough review to fast-track the project, ensuring legal compliance and the interests of all stakeholders.

Highlighting the growing Vietnam-US ties since their Comprehensive Strategic Partnership was established in September 2023, he stressed that there remains room for more US capital to flow into Vietnam.

The government leader called on the Trump Organization to position Vietnam as a business base and expand its investment footprint to other localities in the country as well as potential areas in which the organization excels and Vietnam prioritizes.

He asked the firm to strengthen partnerships with Vietnamese enterprises, helping them engage in its global supply chain and ecosystem.

Boyd-Bowman revealed that his company is actively exploring more investment opportunities in Vietnam.

It is working to advance visits to Vietnam by the Trump Organization leaders, thus helping bolster the two countries’ relations and elevate Vietnam’s global profile, he added.