Fistful of dollars, rice for Vietnam farmers displaced for $1.5 bil. Trump golf club

HUNG YEN — 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. The 990-hectare site designated for the golf course currently supports fruit farms growing bananas, longan, and other crops. While some see opportunity, many farmers are elderly and fear they will struggle to find alternative livWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times