THE TRUMP ORGANIZATION AND HUNG YEN HOSPITALITY SERVICES JOINT STOCK COMPANY HAVE ANNOUNCED THE STRATEGIC COLLABORATION

08/10/2024

The Trump Organization and Hung Yen Hospitality Services Joint Stock Company (Hung Yen Hospitality), a subsidiary of Kinh Bac City Development Holding Corporation (HSE: KBC), have announced their collaboration. The venture will focus on developing 5-star hotels, championship-style golf courses, and luxurious residential estates and unparalleled amenities in Vietnam.

“We are incredibly excited to enter this dynamic market,” said Eric Trump. “Vietnam has tremendous potential for luxurious hospitality and entertainment, and we are beyond thrilled to work with this amazing family to redefine luxury in the region.”

"Hung Yen is one of Vietnam’s largest developers, actively developing key infrastructure projects, particularly in transportation and urban areas," stated Dang Thanh Tam, Chairman of Kinh Bac City. "The Trump family sets the highest standards in hospitality, and we are extremely excited about this collaboration.”

The Trump Organization, a leading global investor in real estate and hospitality, is known for its extensive portfolio of large-scale projects across various countries. The collaboration with Hung Yen Hospitality marks a significant step towards fostering international cooperation and enhancing the region’s tourism landscape.

For more information, visit https://www.trump.com/

About Hung Yen Hospitality:

Hung Yen Hospitality, a subsidiary of Kinh Bac City Development Holding Corporation (HSE: KBC), is a premier hospitality developer based in Vietnam. Established with a vision to elevate the country''s tourism and real estate sectors, Hung Yen Hospitality specializes in creating luxurious hotels, golf courses, and residential properties that reflect Vietnam’s rich cultural heritage and vibrant modernity. With a commitment to excellence and sustainable development, the company aims to deliver exceptional experiences for both domestic and international guests. Through strategic partnerships and innovative projects, Hung Yen Hospitality is poised to play a pivotal role in shaping the future of Vietnam''s hospitality landscape.

KBC, along with its subsidiaries and affiliated companies control more than 5,000 ha of industrial park land and over 900 ha of urban areas. KBC is the leading industrial park and housing developer attracting over 5 billion USD of foreign investments to Vietnam annually.

For more information, visit https://hungyengroup.com/

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