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Tag: golf
The Golf category covers industry developments, tourism trends, and business investments in the golf sector. It explores golf course development, tournament sponsorship, golf tourism, and equipment trade, providing insights into market growth, consumer behavior, and international partnerships.
Golf: Industry pushes back against Vietnam ‘luxury’ tax on sport
Vietnam Golf Association Chairman Le Kien Thanh has questioned the logic of taxing golf like alcohol and tobacco under the country’s Special Consumption Tax (SCT), arguing golf is a recognised sport, not a luxury, VietnamNet has reported.
Trump Organization CEO meets with Vietnam PM
Prime Minister of Vietnam Pham Minh Chinh has met with Charles Bowman, General Director of Projects for the Trump Organization in Vietnam, to discuss a proposed US$1.5 billion luxury urban, eco-tourism, and golf complex in Hung Yen province.
Trump Organisation signs MOU on golf course, hotel development in Vietnam
The Trump Organisation and Vietnam’s Hung Yen Investment Group which is owned by Vietnam developer Kinhbac, have signed a memorandum of understanding with respect to developing a golf course and hotel complex in Vietnam’s Hung Yen province. Kinh Bac, in a press release, has said the total investment will be in the vicinity of US$1.5 billion. Of note, it’s not clear that any of these funds will come from the Trump Organisation. The press release specifically states that it will be developed by a ‘consortium of investors selected by the Trump Organization’.
Trump golf course could be on the cards for northern Vietnam
Of note, historically Trump has been a popular figure in Vietnam. A Pew Research Centre survey in 2017, not long after Trump was elected president of the United States, found that Vietnam was just one of a handful of countries of the 37 surveyed where the majority of respondents had confidence in the real estate developer and reality TV star…
Vietnam Golf Industry 2025: Growth, Key Players & Destinations
Vietnam’s golf industry has experienced significant growth, emerging as a key player in Asia’s golfing scene. The country’s diverse landscapes have attracted international interest, leading to the development of numerous world-class golf courses designed by renowned architects like Jack Nicklaus and Greg Norman. Key golfing hubs include Ho Chi Minh City, Hanoi, Da Nang, and coastal regions like Nha Trang and Cam Ranh….
Vietnam golf courses raking in cash on limited supply
Vietnam could have between 400 to 500 gold courses by 2030, up from 100 at present, VN Express is reporting. This rapid growth is expected as a result of eased investment procedures, according to Ngo Cong Thanh, a former deputy director of the Ministry of Planning and Investment’s planning management
Q2 2025