Eric Trump and Vietnam's PM launched a $1.5 billion luxury project with golf courses near Hanoi. The Trump Organization partnered with Kinhbac City amid tariff negotiations.

Set across a 990-hectare property along the Red River, the project will feature two Trump-branded golf courses, a five-star hotel, luxury villas and supporting amenities, according to a statement from the Trump Organization.

Eric Trump attended a ceremony in Vietnam to herald the construction of a new $1.5 billion luxury resort from the Trump Organization, as the country desperately seeks to avoid the potentially crippling tariffs proposed by his father.