Investors Seize the Opportunity
The 21 APEC economies, gathering powerhouses such as the United States, Russia, and China, account for 52% of global territory, 59% of the population, 70% of natural resources, contributing 57% of global GDP and more than 50% of global trade. Notably, the main APEC Summit will be attended by heads of state and leaders from the member economies, and attract tens of thousands of international tourists, businesspeople, and reporters, creating a strong driving force for tourism, economic development, and investment attraction.
Therefore, from the moment Phu Quoc was announced as the host location for APEC 2027—especially with the rising momentum from urban infrastructure investment plans to iconic projects—the tourism and real estate investment market of Phu Quoc, already vibrant, has now exploded more than ever. Many investors are optimistic about the potential breakthrough of the “Pearl Island” and are preparing to catch the wave of growth.
Southern Phu Quoc has become a growth pole in recent years thanks to the continuous addition of high-class tourism products.
Mr. Do The Anh, director of a real estate brokerage company in Kien Giang, said that the recent positive news has triggered a surge in demand for investment properties in Phu Quoc. Mr. The Anh assessed that this is only the initial stage of the “wave”; the growth rate of investment will align with the milestones of the APEC 2027 project completion over the coming years.
Recognizing the development potential of Phu Quoc, years ago, Mr. Vu Cuong acquired properties developed by Sun Group in Sunset Town, New An Thoi. One of these was turned into a mini hotel and achieved high revenue growth over the past year, with occupancy at times reaching 90–100%.
A series of new hotels have been inaugurated in Sunset Town this year.
The optimistic forecast for Phu Quoc’s tourism sector and the preparations for hosting APEC 2027 have motivated Mr. Cuong to further invest in the accommodation sector by launching the second facility of Times Corner in the center of Sunset Town. He shared: “I believe this is a golden time to take advantage of investment opportunities, to complete and put into operation our existing facilities, paving the way for reinvestment. We are also forming joint ventures and partnerships to establish joint-stock companies, continuing to develop business facilities, especially tourism businesses in Phu Quoc in the near future.”
Affirming Phu Quoc as the host destination for APEC 2027 reinforces the island’s strategic position on the global tourism and economic map. The investor of Sakurakyo Hotel & Spa is conducting research for further investment in Sunset Town. Ms. Nguyen Dung, manager of the hotel chain, said: “We are particularly interested in investing in high-end resort real estate, boutique hotels, and highly personalized services to get ahead of the influx of business travelers to Phu Quoc in the coming years.”
Infrastructure and Tourism Propel Southern Phu Quoc Forward
It is not difficult to see that the tourism investment market in southern Phu Quoc is currently extremely vibrant. Over the past decade—particularly in 2023–2024—the Sun Paradise Land tourism ecosystem has made its mark with a series of globally renowned hotel brands and a continuously growing collection of premium tourism products. These have created iconic features unique to the Pearl Island, such as the world’s longest 3-rope cable car, the Kiss Bridge, and the 365-day fireworks destination.
All these factors have helped southern Phu Quoc achieve impressive milestones over the past year, with 71% of visitors to Phu Quoc experiencing the Sun World Hon Thom cable car, and room occupancy rates at Sun Group’s resort network increasing by 173% compared to 2023. Especially, real estate investors have actively completed facilities for business purposes. Mr. Dinh Gia Long, General Director of Paradise Land Phu Quoc, shared: “The occupancy rate across the entire ecosystem in Bai Kem, Sunset Town, and New An Thoi is seeing strong growth—from 21.8% in 2023 to a projected 60% in 2025.”
Iconic projects and premium tourism products are continuously being developed in southern Phu Quoc.
The projects serving APEC 2027, just announced on March 14, include a full set of works—air and international port infrastructure, road and urban infrastructure systems, and the APEC multifunctional complex—which will create a strong push to elevate Phu Quoc to the international stage, attracting large investment flows into tourism and services.
Accordingly, the southern region continues to shine as a hotspot, with a series of transportation and infrastructure projects being implemented, such as the Eastern coastal road connecting Bai Da Chong port, Bai Vong port, and Dam Bay An Thoi port; An Thoi international cruise port; urban renovation and undergrounding of An Thoi. Notably, several projects have already been listed in the south, such as the Bai Dat Do mixed-use urban area with parks, public squares, tourism service zones, hotel systems; and the high-end APEC Bai Sao resort complex.
Especially, since the end of 2024, Sun Group has officially launched a series of projects such as the Aspiration Tower with a total investment of VND 13,000 billion, which will become a luxurious resort-entertainment-commercial complex on Hon Thom; or the Sun International Hospital project… All are gradually shaping a future “super city” in southern Phu Quoc.
Simulation of the APEC multifunctional complex.
Mr. Dang Minh Truong, Chairman of the Board of Directors of Sun Group, stated: “We have made strong commitments to the State leaders and the Kien Giang provincial government regarding the construction and investment of key transport and service infrastructure to ensure the success of APEC 2027.”
The path and opportunity that APEC is opening for Phu Quoc are vast and promising. And for investors, this is the moment to concentrate resources on the island, to seize the future for themselves.
