Prime Minister Pham Minh Chinh and delegates press the button to start the project - Photo: VGP
Also attending were Senior Lieutenant General Hoang Xuan Chien, Deputy Minister of National Defense; Senior Lieutenant General Le Quoc Hung, Deputy Minister of Public Security ; Hung Yen Provincial Party Secretary Nguyen Huu Nghia; leaders of central and local departments, ministries and branches; US Ambassador to Vietnam Marc E. Knapper; Mr. Eric Trump, Vice President of the Trump Organization and his wife.
The first Trump brand project in Vietnam
The Khoai Chau urban, eco -tourism and golf course complex project has an area of nearly 1,000 hectares and a total investment of over 1.5 billion USD; including a 54-hole VIP golf course system, a resort, luxury villas, a modern urban complex and international standard amenities.
Within the framework of strategic cooperation between Trump Organization and Hung Yen Company - a member company of Kinh Bac Urban Development Corporation, this is the first Trump-branded project in Vietnam, expected to be an international project, a symbolic work, marking the comprehensive strategic cooperation relationship between Vietnam and the United States.
Mr. Eric Trump, Vice President of Trump Organization, assessed that Vietnam is currently one of the most dynamic and potential markets in the world - Photo: NHAT BAC
Speaking at the event, Prime Minister Pham Minh Chinh shared that in the 80 years of independence, Vietnam has had 40 years of war, 30 years of siege and embargo, but has strongly promoted the spirit of self-reliance, overcoming difficulties and challenges to rise up, build a beautiful and strongly developing country.
The Prime Minister emphasized that this project is of great significance in promoting the Vietnam-US relationship to become increasingly deeper, more substantial and more effective; affirming the confidence of foreign investors, including US investors, in Vietnam.
From there, the project contributes to the rapid and sustainable development of Hung Yen and Vietnam, green, clean, beautiful with world-class projects; enhances the brand value of Hung Yen in particular and Vietnam in general; receives the transfer of advanced management technology; contributes to creating jobs and livelihoods for the people.
In fact, leading US corporations such as Intel, Nike, Apple, Boeing, Nvidia... and now the Trump Organization are expanding their investments, affirming their confidence in Vietnam's business environment.
Prime Minister Pham Minh Chinh - Photo: NHAT BAC
Efforts to complete the project in 2 years
The Prime Minister reiterated that during his first term, US President Donald Trump visited Vietnam twice with good feelings and impressions. The Vietnam-US Comprehensive Strategic Partnership has continued to develop positively in recent times, and Vietnam hopes to continue to welcome President Trump to visit Vietnam again.
Assessing the presence of Mr. Eric Trump and his wife at the groundbreaking ceremony as creating motivation and inspiration for the project, the Prime Minister said that the groundbreaking ceremony was just the beginning, the upcoming workload is still very large in completing the design, clearing the large area of land and organizing the construction to ensure progress, quality, technical assurance, aesthetics, environmental sanitation and labor safety.
The Prime Minister hopes that Hung Yen province, ministries and sectors will closely coordinate and actively support to complete the project within 2 years, welcoming the APEC 2027 event in Vietnam; contributing to bringing Hung Yen's service industry to new heights and affirming the good relationship between the two countries.
The Prime Minister sincerely thanks and hopes that the people will continue to support and give up land for the project, contributing to the development of the homeland and the country; local authorities must take good care of the lives and livelihoods of those who have given up land for the project with the goal that the new place of residence must be better than the old place.
Mr. Dang Thanh Tam - Photo: NHAT BAC
Mr. Dang Thanh Tam, Chairman of Kinh Bac, said that the two partners share a common vision of Hung Yen having the potential to become a leading golf and lifestyle destination in Asia; and with their outstanding experience in developing world-class golf courses, both parties are excited to realize this vision.
Mr. Eric Trump, Vice President of the Trump Organization, assessed that Vietnam is currently one of the most dynamic and potential markets in the world; he expressed pride in bringing the Trump legacy to a country with vision, vitality and strong growth rate.
He emphasized that this project is not simply a symbolic work, but also a commitment to excellence, a tribute to culture and a lasting mark for the future of Vietnam. Accordingly, the investors are committed to completing the project, becoming the best, most classy golf course in the world and the whole region as well as the world must be "envious" of this project.
Source: https://tuoitre.vn/thu-tuong-cung-ong-eric-khoi-cong-du-an-thuong-hieu-trump-dau-tien-tai-viet-nam-20250521175920379.htm
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