Phu Quoc economic zone plan targets more than ₫195 trillion in investment
An Giang province aims to develop the Vietnamese island around marine ecotourism, higher-value services and the digital economy.
Vietnam’s An Giang province plans to develop Phu Quoc into a special economic zone, with investment expected to exceed ₫195 trillion over 2026–2030. The programme envisages an expanded role for the island in tourism and services while maintaining national defence and security.
Under the development projections, Phu Quoc’s gross regional domestic product would exceed ₫66.29 trillion by 2030, when the island is expected to receive around 15 million visitors from Vietnam and abroad. Investment priorities extend beyond tourism to logistics, healthcare, education, digital services, research into marine conservation and high-tech aquaculture.
Tran Minh Khoa, chairman of the Phu Quoc special zone People’s Committee, said hosting APEC 2027 represented a major opportunity. Authorities are speeding up 21 infrastructure projects, ranging from aviation facilities and urban transport connections to an international convention centre and facilities for high-end services.
The roadmap assigns 2026–2027 to legal preparations and key construction for APEC. During 2028–2030, the focus would shift to stabilising zone operations, broadening international services and completing infrastructure for social services, housing and the environment. The longer-term goal is to establish a world-class centre for the marine economy and ecotourism by 2050.
Proposals for free-trade and non-tariff zones are also under study. They would proceed once the conditions required by law are satisfied.
An Giang People’s Committee vice chairman Le Trung Ho said Phu Quoc attracted more than 9.2 million visitors during the first 10 months of 2026, a rise of 30.4 per cent from a year earlier. Overseas arrivals surpassed 2.1 million, increasing by 59.4 per cent.
