Dang Thanh Tam
Vietnamese industrialist and chairman of Kinh Bac City Development Holding Corporation, whose company is developing the Trump Organization's licensed golf and residential project in Hung Yen province.
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- Country
- Vietnam
- Born
- April 15, 1964, Ho Chi Minh City, reported as 61 years old in October 2025
- Field
- Industrial real estate, telecommunications infrastructure
- Known for
- Chairman, Kinh Bac City Development Holding Corporation (KBC)
- Other business role
- Chairman, Saigontel (Saigon Telecommunication & Technologies Corporation, ticker SGT)
- Political role
- Delegate to Vietnam's National Assembly, 2011-2016 term
Overview
Dang Thanh Tam is a Vietnamese industrialist who chairs Kinh Bac City Development Holding Corporation (KBC), one of Vietnam’s largest industrial real estate developers, and Saigontel, a telecommunications infrastructure company (The Real Deal). Kinh Bac City is the parent company of Hung Yen Hospitality, the Vietnamese partner in the Trump Organization’s licensed golf and residential project in Hung Yen province, Trump International, Vietnam (Vietnam Investment Review).
Business career
Dang was reported to be 61 years old as of October 2025, and cross-referenced Vietnamese corporate records put his date of birth as April 15, 1964, in Ho Chi Minh City (The Real Deal; CafeF). The Investor’s business coverage identifies him as chairman of both Kinh Bac City and Saigontel (Saigon Telecommunication & Technologies Corporation), and reports that he served a five-year term as a delegate to Vietnam’s National Assembly from 2011 to 2016 (The Investor).
The Real Deal reported that Dang’s business empire became overleveraged in the early 2010s, and that his fortunes rebounded significantly during Donald Trump’s first presidential term, as the U.S.-China trade war pushed manufacturers — including Foxconn and LG — to shift production to Vietnam to avoid tariffs; Kinh Bac City’s revenue rose 161% between 2017 and 2021 as Vietnam’s exports to the United States roughly doubled over the same span (The Real Deal).
The Trump-licensed project in Hung Yen
Dang attended the May 21, 2025 groundbreaking ceremony for the $1.5 billion golf and residential complex that Kinh Bac subsidiary Hung Yen Hospitality is developing under license from the Trump Organization, saying that “the two partners share the same vision of transforming Hung Yen into a leading golf and lifestyle destination in Asia. With extensive experience in developing world-class golf courses, both sides are excited to realise this vision” (Vietnam Investment Review).
Kinh Bac City had already paid the Trump Organization $5 million in licensing fees for the project as of October 2025 reporting (The Real Deal). The Real Deal also reported that Trump’s second-term tariffs initially hurt Dang’s business — Kinh Bac shares fell 27% in one week when a 46% tariff was imposed on Vietnamese goods — before a June trade deal that reduced the tariff to 20% restored investor confidence.
What this profile does not claim
This profile does not detail the specific transactions or debts behind the “overleveraged” description of Dang’s early-2010s finances beyond what The Real Deal reported. It does not cover Tan Tao Group (ITA), a separate, Vietnamese-listed company chaired by Dang Thi Hoang Yen, who business press has reported to be his sister; no claim here extends to that company or her affairs. It does not state a net worth figure, as none was found in an independently verified source. Beyond his and Kinh Bac’s connection to the Trump-licensed Hung Yen project — documented in full in the profile of that project — this profile does not assess the broader business, environmental or political context of that development.
Timeline
- 2002-03-27
- Kinh Bac City Development Holding Corporation, of which he is chairman, is incorporated.
- 2011
- Begins a five-year term as a delegate to Vietnam's National Assembly.
- early 2010s
- His business empire becomes overleveraged, a period of financial strain later described in business press coverage of his recovery.
- 2017-2021
- Kinh Bac City's revenue rises 161% as manufacturers including Foxconn and LG shift production to Vietnam during the U.S.-China trade war of Trump's first term, improving his financial position.
- 2025-05-21
- Attends the groundbreaking ceremony for the Trump Organization-licensed golf and residential project in Hung Yen province, saying the two partners "share the same vision of transforming Hung Yen into a leading golf and lifestyle destination in Asia."
- 2025 (April-June)
- Kinh Bac City's shares fall 27% in one week after the United States imposes a 46% tariff on Vietnamese goods, before recovering after a June trade deal reduces the tariff to 20%.
What we could not verify
These claims came up in research and could not be confirmed. They are recorded here rather than published as fact or quietly dropped. If you hold a source that settles one, please tell us.
- No source read gives a precise account of what "overleveraged his empire" involved in the early 2010s beyond The Real Deal's brief characterization; this profile does not attempt to reconstruct the episode in more detail than that source states.
- Coverage does not state whether he personally founded Kinh Bac City Development Holding Corporation in 2002 or joined/became chairman at a later date; only the company's incorporation date and his current chairmanship are independently confirmed here.
- Dang Thi Hoang Yen, chairwoman of the separate, Vietnamese-listed Tan Tao Group (ITA), is reported in Vietnamese business press to be his sister; this profile does not cover Tan Tao Group or Ms. Yen's affairs, which are a distinct company and a distinct set of reporting.
Sources
4 sources (1 tier 1, 2 tier 2, 1 tier 3), each opened and read against the claim it supports. Every source is independent of the subject; no first-party material is cited. See the source policy.
This is a profile of a living person. The Real Deal's reporting on his business history and the U.S. tariff-driven swings in his fortunes, the Vietnam Investment Review's reporting on his role at the Trump-licensed project's groundbreaking, and The Investor's reporting on his corporate and political roles were all fetched and read in full and are independent of him and his companies. Coverage of the golf project itself is treated as background here; the project's own facts are documented in the profile of Trump International, Vietnam.
- Construction begins on $1.5 billion Trump Organization golf complex in Hung Yen Supports: His role as chairman of Kinh Bac City and his quoted remarks at the May 2025 groundbreaking ceremony.
- Trump Org's Vietnam Resort Highlights Ties with Billionaire Supports: His age as reported in October 2025, his stakes in Kinh Bac City Development and Saigontel, the early-2010s overleveraging and subsequent recovery tied to the U.S.-China trade war, the 161% revenue rise at Kinh Bac from 2017-2021, and the 2025 tariff-driven share-price swings.
- Famous Vietnamese entrepreneurs born in year of the Dragon Supports: His birth year, his chairmanship of Kinh Bac City and Saigon Telecommunication & Technologies Corporation, and his 2011-2016 term as a National Assembly delegate.
- Dang Thanh Tam Supports: His specific date of birth, April 15, 1964, used only as supporting corroboration alongside The Real Deal's reported age.
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