Why was Phu Quoc chosen as the venue for APEC 2027?

Thanh Trà |

With a strong boom in both the number of visitors and infrastructure, Phu Quoc deserves to become the venue for the 2027 Asia-Pacific Economic Cooperation (APEC) Forum.

During a working trip to Phu Quoc city, Kien Giang province on the morning of January 14, President Luong Cuong said that 2027 will be the third time Vietnam holds the position of Chair of the Asia-Pacific Economic Forum (APEC).

The Central Government has determined the venue to be Phu Quoc City. This is both an honor, a duty, and a responsibility; it is the trust of the Party, the State, and the people of the whole country in Kien Giang and Phu Quoc.

The pearl island is facing a new opportunity in the era of national growth, with the opportunity to become a leading symbolic event destination known throughout the world.

Explaining the increasing number of national and international events taking place in Phu Quoc, experts assessed that a major factor is the increasingly complete and rapidly developing infrastructure system. In addition, there is an open visa policy, convenient flights, and high-quality tourism infrastructure.

Theo UBND TP Phu Quoc, hien nay, kinh te Phu Quoc phat trien kha nhanh, nganh thuong mai – dich vu phat trien nhanh chong, chiem khoang 50% co cau cac nganh kinh te cua thanh pho. Anh: Nguyen Anh
According to the People's Committee of Phu Quoc City, Phu Quoc's economy is currently developing quite rapidly, with the trade and service sector developing rapidly, accounting for about 50% of the city's economic structure. Photo: Nguyen Anh

Ms. Weichun Liu, CEO of one of the world's largest travel platforms KKday, is constantly surprised by the development of Phu Quoc: "The first time I came here was in 2022 and at that time I was really impressed with the cable car project. This time coming back, there is not only infrastructure or hotels but also a lot of programs, performances, night markets. Everything seems to be connected together, and I really see a growing ecosystem."

Micenet - one of Australia's prestigious MICE tourism magazines, has commented that Phu Quoc is emerging as an ideal destination for MICE tourism, increasingly attracting the international community thanks to its diverse experiences and high-class infrastructure.

Phu Quoc currently has 311 projects, with a total investment capital of up to 428,000 billion VND, many of which are super entertainment and resort complexes with high competitiveness domestically and regionally.

In particular, in the South of Phu Quoc Island, the area of ​​​​Hoang Hon Town and Bai Kem is very potential with full infrastructure to organize large-scale events. The outdoor stage Kiss of the Sea can accommodate up to 5,000 guests, with the most modern lighting, sound and fireworks technology.

For indoor events, South Phu Quoc Island can accommodate 2 conference rooms with a capacity of up to 1,000 guests at Sun Signature Gallery and Sun Tropical Ballroom. Post-event receptions will also be unforgettable when held at Bai Kem - one of the most beautiful beaches on the planet.

Phu Quoc also gathers a series of famous international hotel management brands such as Marriott, Accor, Hilton, IHG... with resorts that have welcomed many Indian billionaire weddings such as JW Marriott Phu Quoc Emerald Bay Resort. Most recently, for the first time, the Rixos brand is present in Southeast Asia and Vietnam, with the first project being the Rixos Phu Quoc resort.

Thiet ke toa thap Khat Vong, voi tong muc dau tu len den 13.000 ti dong, duoc ky vong la cong trinh bieu tuong tiep theo cua Phu Quoc. Anh: Vo Trung
The design of the Aspiration Tower, with a total investment of up to 13,000 billion VND, is expected to be the next iconic project of Phu Quoc. Photo: Vo Trung

In December 2024, Sun Group started construction on the Aspira Tower project in Hon Thom. Expected to be completed in 2027, the project will become a high-end resort - entertainment - commercial complex. These will be world-class projects, creating conditions for Phu Quoc to successfully fulfill its mission as the venue for APEC 2027.

It is expected that by the end of 2026, Phu Quoc will complete an international cruise port with a capacity of 3,000-4,000 passengers/time and has plans to upgrade and expand Phu Quoc international airport, ready to welcome millions of international visitors each year.

Thanh Trà
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Kien Giang - AIDA Stella ship from Singapore docked at Duong Dong port, Phu Quoc city, bringing 2,126 tourists and 631 crew members for a visit.

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