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Vietnam has confirmed the $ 1.5 billion's Trump Organization Investment Program


The Vietnam government has approved a $ 1.5 billion project of Trump Organization and its partner Kinhbac City for the construction of hotels, golf fields and real estate.

The program will be implemented in 990 hectares, will include resorts, hotels and residential complex. The first stage starts in this quarter and will continue until 2029. The second quarter, Reuters reports.

The approval of the project takes place against the background of Vietnam-US negotiations, where Hanoi is trying to avoid 46% of American imports.