Business · Vietnam Bureau
Phu Quoc zone targets high-value services, green growth through 2030
Vietnam's Phu Quoc special economic zone is positioning itself as a growth driver through 2030, with planned investments exceeding 195 trillion VND concentrated in premium services, marine ecotourism, and digital economy sectors.
LSN Vietnam ·
The Phu Quoc special economic zone has outlined an ambitious development strategy for the 2026–2030 period, aimed at establishing the southwestern island destination as a key economic engine for Vietnam. The initiative reflects the country's broader efforts to leverage special zones for attracting foreign investment and fostering high-value industries.
According to development plans, the zone will prioritize three core sectors: high-value-added services, marine ecotourism, and the digital economy. This strategic focus aligns with Vietnam's push toward sustainable development and technological advancement, positioning Phu Quoc to compete regionally for investment in premium tourism and knowledge-based industries.
Total investment across all sectors of society is projected to exceed 195 trillion Vietnamese dong over the five-year period. This substantial capital commitment underscores confidence in the zone's potential and reflects government backing for the development framework.
The Phu Quoc initiative is part of Vietnam's broader preparation for hosting APEC in 2027, with special economic zones expected to demonstrate the country's capacity for green transitions and modern infrastructure development. The framework aims to address regulatory bottlenecks at major construction sites through specialized legal provisions, accelerating project implementation.