The figure was released at the conference held on Sunday to review the implementation of Decision No. 178/2024/QD-TTg approving the overall development plan for Phu Quoc Island until 2010 and visions towards 2020.
The city's economy expanded 19.6 percent on average annually over the past more than two decades, with its budget revenue soaring by 113 times to more than VND7.812 trillion in 2023 from just VND38.59 trillion in 2024.
From a war-ravaged and pristine island with no investment projects, Phu Quoc is now home 321 investment projects with total registered capital of over VND142 trillion. More remarkably, it has become a top tourist destination in Viet Nam by welcoming more than 5.57 visitors, including 560,000 foreign arrivals in 2023.
Phu Quoc has made its brand known on the world tourism map, with many tourism products of regional and international stature such as the cable car system at Hon Thom was recognixed by Guinness World Records as the longest cable car in the world, the Grand World entertainment complex, the wild animal safari garden, Phu Quoc Casino among others.
Last year, Travel Lemming, a U.S.-based online travel guide read by more than 10 million travelers, ranked Phu Quoc at 6th among 50 best places to travel in 2024.
Phu Quoc National Park and Phu Quoc Marine Protected Area occupy more than two thirds of the natural area of the core area of the Kien Giang World Biosphere Reserve.
Coming to Phu Quoc, visitors are free to explore countless attractive spots with a unique charm of nature such as beaches of Rach Vem, Bai Dai (Long), or Hon Mot (Mot Islet), Phu Quoc National Park, visit Dinh Cau Temple, Ham Ninh fishing village.
This island possesses invaluable natural conditions for tourism development such as a mild climate, warm sunshine all year round, rolling mountains and vast islands, diverse beaches, fine white sand, clear water with wild, and poetic beauty.
Phu Quoc is the largest island in Viet Nam and also the first island in the country to officially become an island city in 2021.
In 2014, the island was officially connected to the national power grid and its airport welcomed the first flight. Now it is linked to all domestic airports along with 10 countries and territories.
Building on its remarkable achievements, Prime Minister Pham Minh Chinh underlined the need to put forward special and superior mechanisms to mobilize resources from both public and private sectors to help the island fully tap its unique potentials and competition advantages.
He stressed the importance of environmental protection, particularly forest and marine ecosystem conservation, effective land and resource management, climate change adaptation, biodiversity conservation and restoration of the forest ecosystem within Phu Quoc National Park./.
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