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... 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.

Trump's family business will run the club once completed, but is not involved in the investment and in compensation to farmers.

Trump has said his assets in the businesses are held in a trust managed by his children, but disclosures in June showed income from those sources ultimately accrues to the president. ...