HANOI -- Vietnam's real estate developer Kinhbac City (KBC) said on Tuesday that its subsidiary has partnered with The Trump Organization to develop a US$1.5 billion golf course and hotel project in Vietnam's Hung Yen Province. The project consists two 54-hole golf course systems, together with a network of hotels and resorts and a modern residential complex, the statement added. Vietnam has potential in the luxury hotel and entertainment industry," Eric Trump, Executive Vice President of The Trump Organization, also the second son of former President Donald Trump, said in the statement. Vietnam, with a population of 100 million, currently has about 70 golf courses and 100,000 local golfers, according to the Vietnam Golf Association. The U.S.-based Trump Organization did not immediately respond to an emailed request from Reuters for comment.

Source: Tuoitre News October 09, 2024 05:39 UTC