Phu Quoc needs a master plan to become a special economic zone

by VTV422 March 2017 Last updated at 15:51 PM

VTV.vn - Phu Quoc Island in Kien Giang province was set to become a tourism destination and a special economic zone under the determination of the Vietnamese Government.

However, until now, Phu Quoc still lacks a master plan to become a real special economic zone. According to experts in the construction sector, Phu Quoc is developing under the influence of urbanization rather than a development to become a special economic zone.

The island hasn't come up with a special policy to attract major investors. Currently, the cost of access and investment is high.

Therefore, it is crucial to come up with a master plan for the island to help it live up to its full potential. Last year, Phu Quoc welcomed more than 1.45 million of visitors, an increase of 63% compared to 2015.

Tags:

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2024-12-29 03:52 UTC