Trump-Branded Golf Resort in Vietnam Hits Snag Over Land Dispute
Five months after a glitzy groundbreaking ceremony just outside of Hanoi, the area where The Trump Organization-branded $1.5 billion luxury golf resort was unveiled remains just fields of banana and orange trees as angry farmers challenge the site’s clearance plans.
The project in Vietnam’s Hung Yen province is facing land recovery delays as residents contest the amount of compensation being offered by local authorities. It’s been set at about 320,000 dong ($12) per square meter — equivalent to around one year’s income from the agricultural land for many of the farmers, plus rates that differ for varying plants and trees already there.