return icon

Phu Quoc longs to become Vietnam’s first island city

The island paradise of Phu Quoc has significant potential to develop into a leading tourist destination in Southeast Asia. 

At the moment, however, it is only a second-class city within Vietnam’s administrative structure. Promoting Phu Quoc to a city would certainly help the island fully tap into its potential.

Phu Quoc is an island district belonging to the Mekong Delta’s Kien Giang province, covering nearly 600 sq km, or roughly the size of Singapore. On an area of 580 sq km, Phu Quoc Island is the largest of the 22 islets in the district.

“Pearl Island”, as it’s also known, is a “hot” tourism destination. It welcomed just 300,000 visitors in 2010, but numbers rose to 1 million in 2015 and over 4 million in 2019. The tourism boom has led to rapid socio-economic development, especially in regard to urban infrastructure.

With infrastructure in place, Phu Quoc Island was recognised as a second-class city in 2014. Being a district directly under the province, however, has hindered its progress.

Phu Quoc currently has some 300 investment projects, primarily in tourism and services, which accounts for 70 percent of the district’s GDP. At the same time, up to 70 percent of the district’s population, which currently stands at 147,000 people, are working in non-agricultural sectors.

The level of investment is already too high, however, resulting in issues regarding project management and supervision, land acquisition, site clearance and compensation, and land management, among others, while district management is overburdened.

According to analysts, promoting Phu Quoc into a city would create the necessary conditions for the island to fully tap into its potential to develop.

Kien Giang province is urgently completing procedures with the central government for it to consider recognising Phu Quoc as a city. It is expected that this will indeed happen by the end of the year./.VNA


Vietnam imports nearly US$190 million of pork in Jan-Oct

Vietnam had imported 89,000 tons of pork products worth US$189.02 million in the year to October, contracting over 34% in volume and nearly 40% in value year-on-year, according to the Foreign Trade Agency under the Ministry of Industry and Trade.

Over VND9.6 trillion proposed for upgrading HCMC’s polluted canal

The HCMC People’s Committee has proposed investing over VND9.6 trillion in the Xuyen Tam Canal upgrade project at a meeting this morning, December 7, according to the local media.

Agencies write laws to help SMEs but lack information about the businesses

Some content needs to be more clearly quantified to better assess the effectiveness of these activities and the feasibility of regulations on SMEs.

‘Glorious ashes’ film spark little hope for Vietnam’s cinema

‘Glorious ashes’ hit the screen when the audience became too discouraged about the  appearance of local movies with low revenue.

Foreign investors arrive, industrial real estate benefits

Industrial Zone (IZ) developers are pocketing big money as Vietnam is welcoming new foreign investors.

American EDM band wants to 'bring Vietnamese music to the world'

Hotel Lobby - the famous EDM band in the US - has selected Vietnam as a destination in the near future.

Localizing construction of high-speed railways contributes to growth

Building a high-speed railway (250km/h) will facilitate the development of the entire railway industry, experts said.

A majestic pagoda in Tra Vinh Province

Phno Don is one of the biggest and most majestic of the 143 pagodas in Tra Vinh Province. It is a splendid example of Khmer architecture.

Vietnamese ICT enterprises more deeply involved in global value chain

Over 10 years ago, Vietnamese software companies performed only a few stages under orders from foreign partners but the work has now expanded.

China proposes re-signing protocol for seven kinds of Vietnamese fruit

China has proposed signing protocol for seven types of local fruit exported to the northern neighbour via official channels for stricter management, as is currently applied to durian and star apples.

10-year-old translator brings scientific knowledge closer to young readers

Children’s history book series, Unstoppable Us, by best-selling author Yuval Noah Harari, has been translated from English into Vietnamese by a 10-year-old translator and published by Omega Plus.

Floods kill five in central region

Heavy downpours and floods in the central region in the past few days claimed the lives of five people as of 5pm on December 6.


Vietnam spends nearly 190 million USD on importing pork in ten months

Vinfast faces challenges in North America

North America is a promising market, but it is not easy to be successful because there are many rivals there.