Fistful of dollars and rice for Vietnam farmers displaced for $1.5 billion Trump golf club [View all]

Source: Reuters

Exclusive-Fistful of dollars and rice for Vietnam farmers displaced for $1.5 billion Trump golf club

Khanh Vu and Francesco Guarascio
Sun, August 10, 2025 at 9:05 PM AST 5 min read

HUNG YEN, August 11 (Reuters) -Vietnamese farmer Nguyen Thi Huong has slept poorly since authorities told her to vacate her farm for a Trump family-backed golf resort, offering just $3,200 and rice provisions in return.

The golf resort, for which construction is scheduled to begin next month, is offering thousands of villagers such compensation packages to leave the land that has provided their livelihood for years or decades, according to six people with direct knowledge and documents seen by Reuters.

The project is the first partnership for the family business of U.S. President Donald Trump in Vietnam, which fast-tracked approvals as it negotiated a crucial trade deal with Washington.

Developers are now cutting compensation forecasts from an initial estimate exceeding $500 million, said one person familiar with the plans who declined to elaborate on reasons for the reduction.

-snip-

Read more: https://finance.yahoo.com/news/exclusive-fistful-dollars-rice-vietnam-010515400.html