OREANDA-NEWS The Trump Organization and its local partner are planning multibillion-dollar investments in golf courses and hotels in Vietnam, a representative of the consortium said.

"The Trump Organization, together with its partner, is planning multibillion-dollar investments in Vietnam," a spokesman told Reuters.

He noted that the first project will be launched in May, a few months after the deal was signed.

The spokesman said the project, which includes three 18-hole golf courses and an apartment complex, is the largest in East Asia for the Trump Organization. The first two fields are expected to be operational by mid-2027.

The Vietnamese partner of the Trump Organization, Kinh bac City, announced the project in October, but the timing of its implementation had not previously been announced.