Trump Jr. is considering political ambitions - a billion dollar project started in Vietnam!
Trump Jr. is considering political ambitions - a billion dollar project started in Vietnam!
Vienna, Österreich - At an economic forum in Qatar, Donald Trump Jr. said that he does not exclude a political candidacy in the future. In his humorous and thoughtful style, he reacted to the question of whether he would "take over the reins". He noted that only a few clapped and joked in the audience that the clapping people are "the few people we know" reported .
While Donald Trump Jr. deals with his political ambitions, his brother Eric Trump is making family business in Vietnam. The country is at the center of a customs conflict with the USA. Vietnam promotes an important real estate project of the Trump organization, which includes a luxurious residential complex worth 1.5 billion US dollars and three 18-hole golf courses. The Vietnamese Prime Minister Pham Minh Chinh and Eric Trump recently celebrated the start of construction of this project, which occupies an area of 990 hectares in the Khoai Chau district in northern Vietnam. Chinh asked the authorities to support the project, proportionately of the approval, which was only granted last week known .
The dimensions of the project
The real estate project should include golf courses, residential areas, commercial space and parks. A planned golf course will be generously created with an area of 336 American soccer fields. The Trump Organization plans that the work will begin this year and that the project will be completed by 2029 explains t-online .
Eric Trump will soon be expected in Ho Chi Minh City to discuss the plans for another project that includes a skyscraper. He expressed his satisfaction with the cooperation with the Vietnamese real estate company Kinhbac City. In October, a joint development of 5-star hotels, golf courses and luxurious residential complexes was announced, which underlines the commitment of the Trump organization in the region.
customs conflicts and trade negotiations
The trade relationships between the USA and Vietnam are under pressure. US President Donald Trump announced high tariffs on Vietnamese exports on April 2, but exposed them for 90 days. Vietnamese representatives have traveled to Washington to negotiate possible concessions to avoid the tariffs. At the moment, the customs set is 46 % on certain products .
According to China and Mexico,Vietnam has the third largest commercial surplus with the United States. Recently, other US companies, such as Excelerate Energy and SpaceX, have also been trying to invest in Vietnam. In the future, these growing trade relationships could play an important role in the geopolitical environment between the USA and Vietnam, in particular taking into account the ongoing customs negotiations and expectations of future economic cooperation.
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