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South Phu Quoc’s potential wakes up with two upscale real estate projects

In only one year, from a little-known region, the southern area of Phu Quoc Island has witnessed breakthrough development.

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Investing VND20,000 billion (nearly $1 billion) in the southern area of Phu Quoc – Vietnam’s largest island in the southern province of Kien Giang – Sun Group has not only created a resort paradise here but also helped wake up the hidden potential of the pearl island.

With prime locations, two resort estate projects developed by Sun Group in the southern region of Phu Quoc Island are the two “stars” on the resort map of the pearl island. Designed by world leading architectural brands, each villa and condotel is perfect as an artwork.

Glowing south Phu Quoc

The last works are being completed for the opening day in early 2017, JW. Marriott Phu Quoc Resort & Spa with more than 200 rooms, bungalows and seaside villas, promises to offer visitors luxury experience in south Phu Quoc. The formation of a new complex of resort and entertainment park in Khem beach of south Phu Quoc means great investment opportunities here.

In only one year, from a little-known region, the southern area of Phu Quoc Island has witnessed breakthrough development. This area is transforming itself into a Sentosa (Singapore) as new and open policies are applied for Phu Quoc.

If the northern part of the island is home to resort estate projects, the southern region, thanks to strong investment of Sun Group, is becoming an international-class tourist and resort center.

South Phu Quoc’s potential wakes up with Sun Group estate projects

In this area, Sun Group has invested up to VND20,000 billion to build a high-class resort and amusement complex, including: Hon Thom sea-crossing cable car network with a length of up to 7,880m; Hon Thom amusement park and especially JW Marriott Phu Quoc Resort & Spa and Condotel Premier Residences Phu Quoc Emerald Bay at Khem beach and Premier Village Phu Quoc Resort resort villas at Ong Doi cape, which are the ideal locations in Phu Quoc.

According to Sun Group, Premier Village Phu Quoc Resort is being completed while Condotel Premier Residences Resort Emerald Bay is also being built urgently.

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Vietnam

Vietnam Import-export value surpasses 74 billion USD since 2021’s beginning

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Vietnam’s import-export turnover posted a year-on-year rise of 31 percent to reach 74.51 billion USD from the beginning of 2021 to February 16.

In the reviewed period, Vietnam enjoyed a trade surplus of 2.63 billion USD, according to the Vietnam Customs.

During the Tet (Lunar New Year) holiday 2021 from February 10-16, a total of 960 firms conducted import-export activities, up 363 against the Tet holiday 2020.

A total of 10,300 customs declaration forms were filled out, up 59 percent against the previous holiday.

Meanwhile, the import-export value hit 1.67 percent, a year-on-year increase of 53 percent.

Main exports included mobile phones and spare parts, computers, electronics and components./.


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Vietnam

Foreign capital still heads to Vietnam

As many as 798 projects added a combined over 5.11 billion USD to their investment capital, down 23 percent year-on-year in project number but up 6.8 percent in value.

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Hanoi (VNA) – The total amount of foreign investment poured into Vietnam this year to September 20 reached 21.2 billion USD, equivalent to 81.8 percent of the same period last year, reported the Ministry of Planning and Investment.

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Why Vietnam Has Become a Promising Alternative for US Businesses in Asia

Vietnam Briefing discusses trends in the Vietnam-US relationship, growing economic ties, and how US businesses can leverage and benefit from moving their production to Vietnam.

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Following four decades since the end of the Vietnam War, Vietnam’s relationship with the US has changed significantly.

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