Fox Business Larry Kudlow said that American relations with Vietnam have “improved a lot” on “Kudlow”.
The Prime Minister of Vietnam and the son of American President Donald Trump, Eric, organized a revolutionary ceremony on Wednesday for a luxury residential development of $ 1.5 billion with three 18 -hole golf courses outside Hanoi.
The family organization of the Trump organization of the American president and his local partners received the approval of the project last week from the Communist authorities of Vietnam, which negotiates separately on the prices with Washington.
Prime Minister Pham Minh Chinh said that Eric Trump’s visit “has motivated us to accelerate this project” and urged local authorities to provide maximum support and facilitate the completion of the 2,446 acres station within the end of the end of 2027.
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Eric Trump is expected to meet officials from Ho Chi Minh City Thursday to explore the plans of a skyscraper in the southern business center of Vietnam, according to an internal calendar seen by Reuters.
The projects to be developed in Vietnam will be “the desire for all of Asia and around the world,” said Eric Trump, who is the main vice-president of the Trump organization. He praised his Vietnamese partner, the real estate company Kinhbac City, and promised to visit the country “very often”.
Eric Trump, son of President Donald Trump, attended a revolutionary ceremony of the Trump organization and a partner of luxury residential development with three 18 -hole golf courses at Hung Yen, a province in northern Vietnam on May 21, 2025. (Reuters / Stringer / Reuters)
The collaboration, whose terms are not public, “will focus on the development of 5 -star hotels, championship -style golf courses and luxurious residential areas and unequaled equipment in Vietnam,” the consortium said in a press release in October.
Vietnam was to be struck by some of the highest American rate rates from all countries to 46% when President Trump announced his “Liberation Day” plan for world prices on April 2. Trump has since postponed prices for 90 days.
Vietnamese sales negotiators are in Washington to discuss compromises. The offers made include the drop in prices and non -pricing barriers, the intensification of the fight against commercial fraud and counterfeiting, and the supply of conditions favorable to Starlink, owned by the near Elon Musk ally, to deploy satellite internet services in Vietnam.
The organizers said that the golf project at Hung Yen, a few kilometers south of Hanoi along the Red River, quickly obtained the approvals of the local authorities.
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The local populations interviewed by Reuters outside the site showed support for the project, but some have expressed their concern about financial remuneration. “I hope we have reasonable compensation when they take the ground for the project,” said Ha Nho Son, a 61 -year -old farmer.
Chinese has repeatedly said that the local population would be quite paid.
The Trump organization offers luxury golf projects, completed or under development, in Indonesia countries in the Middle East.
