Golden coordinates in Phu Quoc's journey to become a Class I City
Phu Quoc City (Kien Giang) is entering a breakthrough development phase with many important goals set. This is also the time when the golden coordinates play their role, contributing to helping the pearl island progress quickly on the journey to become a Type I City.
Journey towards Class I Urban Area of Phu Quoc City
In early 2024, Deputy Prime Minister Tran Hong Ha signed a Decision approving the Master Plan for Phu Quoc City (Kien Giang Province) until 2040, with the goal of developing Phu Quoc into an island urban area, a high-quality tourism and resort service center with its own identity and appeal. At the same time, Phu Quoc is also oriented to become a regional and international trade, service center, and high-tech healthcare and nursing center.
By August 2024, the Prime Minister approved the Urban and Rural System Planning for the 2021-2030 period, with a vision to 2050. In which, Phu Quoc City was included in the list of localities expected to become a Type I City of the Mekong Delta.
To realize this vision, Phu Quoc City has mobilized many resources to build and develop transport, urban, civil and environmental infrastructure projects. Among them, many important projects have been and are being implemented, such as Phu Quoc International Passenger Port, upgrading Phu Quoc International Airport, etc.
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| Phu Quoc City will continue to make breakthroughs on the journey to become a Class I City and a high-quality tourism and resort service center. |
At the end of September, the People's Council of Kien Giang province approved the policy of changing the purpose of forest use to other purposes to implement a number of transport infrastructure projects, such as expanding Duong Dong - Cua Can - Ganh Dau road (DT45) and building a branch connecting to the South - North axis of Phu Quoc city. In addition, the province also approved the medium-term public investment plan for the period 2026 - 2030 with a capital of VND 139,300 billion, allocated to 847 other works and projects.
Strong investment resources are the levers that help the pearl island soon complete the criteria to become a Type I urban area and affirm the role of a unique, rich-identity coastal-island urban area.
North Island – Leading coordinates on the development path
In the master plan of Phu Quoc City, the North Island area plays the role of a mixed-use urban tourism area; a high-end eco-resort, combined with forest tours; craft village tours, and a marine life conservation area. Notably, this area has also received investment capital from many large domestic and foreign enterprises very early. Typically, the presence of Vingroup Group with the Phu Quoc United Center super complex with a scale of more than 1,000 hectares.
Here, a series of living - resort - entertainment - cultural discovery experiences are present through famous "Vin" brands such as Vinpearl, VinWonders, Vinhomes, Vincom Retail, Vinmec, Vinschool, VinBus... A series of grand events and festivals held all year round, along with bustling 24/7 trading activities, have turned this super complex into the "City that never sleeps".
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| Phu Quoc United Center is an important driving force to help the pearl island develop in the new period. |
Since its launch, this “must-visit” destination has attracted millions of visitors each year, becoming an important driving force for the recovery and development of the tourism industry in Phu Quoc City in particular and the country in general.
Along with that, Phu Quoc United Center is also the most attractive investment center in the real estate market with the unique Festi-Mashup product line that Vinhomes has just revealed. The attraction of this type is the advantage of safe investment, easy exploitation of cash flow and the ability to experience first, pay later.
The Festi-Mashup “Festival Real Estate” line is divided into many different products, including FestiHome – luxury hotel apartments, FestiShop – Multi-functional commercial townhouses and FestiCation – Preferential card to experience services at Phu Quoc United Center. Each product with different characteristics will help customers and investors make appropriate choices for their needs and financial capabilities.
Along with the unique product are attractive policies from Vinhomes, such as rental commitment, 0% interest support, early payment incentives, a series of attractive gifts applied to FestiHome and Festishop and strong discount incentives applied to FestiCation cards.
In the context of the Southern market being short of island real estate products, the trend of investing in festival real estate is on the rise, Festi-Mashup with its unique advantages is expected to quench the "thirst" of many customers and investors. This will also be a bright investment channel for customers to anticipate the breakthrough development of Phu Quoc on the journey to becoming a Type I City.
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