PM encourages Trump organization to expand investment in Vietnam

Prime Minister Pham Minh Chinh urged increased US investments in Vietnam during a reception in Hanoi on March 18 for Charles James Boyd Bowman, General Director of the Trump Organisation’s Vietnam project, according to a report from the Vietnam News Agency.

The $1.5 billion project in the northern province of Hung Yen aims to deliver a hi-end urban, eco-tourism, sport, and premium golf complex, meeting the Trump Organisation’s top standards. The proposed investor is a joint venture between Hung Yen Investment and Development Group JSC and IDG Capital, representing the Trump Organisation.

PM Chinh called on the Trump Organisation 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 company excels and Vietnam prioritises. He asked the corporation to strengthen partnerships with Vietnamese enterprises, helping them engage in its global supply chain and business ecosystem.

Bowman expressed appreciation for the strong support from Vietnamese ministries, sectors, and Hung Yen province. He highlighted the company’s close collaboration with local authorities to fast-track its project, targeting completion by March 2027, to serve APEC 2027, with the ambition of developing Vietnam’s premier golf course and a world-class golfing destination.