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Phu Quoc and development opportunities before hosting APEC 2027

MeyGroup

(Dan Tri) – The event “Phu Quoc – A Step Ahead to Embrace a Historic Moment” recently became the focus of the market thanks to the appearance of two leading experts in the fields of diplomacy and economics.
The event featured Mr. Pham Quang Vinh – Chairman of the Vietnam–US Society, Chairman of the President Club, and Dr. Vo Tri Thanh – Director of the Institute for Brand and Competitive Strategy.

As Phu Quoc stands before many development opportunities with its hosting of APEC 2027, the insights shared by the experts at the event not only opened up a strategic vision for the island city’s new status but also revealed clear pathways for long-term investors.

Phu Quoc – The Nucleus of Global Urban Development Strategy

Dr. Vo Tri Thanh – Director of the Institute for Brand and Competitive Strategy – provided a comprehensive perspective on the real estate market.

Amidst economic fluctuations, Vietnam’s real estate market still stands out as an important highlight and is expected to continue playing a “locomotive” role spreading influence to many other sectors. He observed that real estate accounts for up to 45% of service activities – a proportion showing it is not just a business sector but a “lifeline” of the economy.

The role of real estate becomes even more critical from a credit perspective. He pointed out that outstanding real estate loans currently account for about 21%, with 65% from customers and 35% from developers – indicating a direct impact on both personal consumption and project development businesses.

Dr. Vo Tri Thanh, Director of the Institute for Brand and Competitive Strategy, shares in-depth insights on the real estate market and Phu Quoc.

Evaluating the Phu Quoc market, Dr. Thanh emphasized: it is no coincidence that Phu Quoc was selected to host APEC 2027. “Phu Quoc strongly reflects Vietnamese identity while embodying a spirit of innovation and integration – perfectly suited for Vietnam to deliver a strong message of openness and creativity.”

However, he also frankly noted that for Phu Quoc to fully realize its potential, much work remains – from upgrading infrastructure, enhancing regional security, to training human resources. Yet these very challenges provide a foundation to attract enormous investment resources. In preparation for APEC 2027, Phu Quoc has received proposed infrastructure investments totaling over VND 400 trillion.

“What’s important is that Phu Quoc should not stop at tourism. It must aim higher – to become a city of innovation, a hub for startups, technology research, global trade – and a livable destination for global citizens,” affirmed Dr. Vo Tri Thanh.

Recognizing Phu Quoc’s new position, Meygroup has pioneered the development of the Meyhomes Capital Phu Quoc urban area in the heart of the Pearl Island.

The DT 975 cross-island route passing through the Meyhomes Capital Phu Quoc project is being upgraded and expanded to serve APEC 2027 with a total investment of more than VND 700 billion.

At Meyhomes Capital Phu Quoc, residents enjoy a comfortable lifestyle with hundreds of amenities such as a golf driving range, sports center, international convention center, performing arts center… At the same time, the developer cooperates with partners in education, healthcare, commerce, and international finance to build an international-standard inter-level school system, financial and banking towers, office spaces for lease, shopping centers, healthcare facilities, public infrastructure, and a 10km jogging and cycling track within the project…

In harmony with the APEC 2027 momentum, Meyhomes Capital Phu Quoc will welcome a series of landmark developments such as the Grand Mercure International 5-star hotel complex, Meypearl Harmony yacht apartments, public administration headquarters, Meyschool Doan Thi Diem inter-level school, the Ice Jungle light art show, Korean-style Koradise Street, the Pearl Museum, Mey Golf driving range, and the Innovation Valley… This promises to become an attractive destination for global citizens.

Contact Information:

Meyhomes Capital Phu Quoc is developed by Meygroup – a real estate brand under Tan A Dai Thanh.

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