Social activity news

(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.