The An Giang People's Council approved a proposal asking the Government to recognize the Phu Quoc special zone as a Special Economic Zone, aiming to develop it into an international tourism and marine services hub with stronger decentralization. The plan proposes maximum delegation of powers to the special zone's authorities and transfer of Phu Quoc National Park to its management, with requirements to secure resources, data and power-control mechanisms. For 2026–2030, Phu Quoc targets total social investment of 195,000 billion VND and about 15 million visitors by 2030. The island covers over 575 km² and has more than 179,000 residents, and it welcomed over 8.2 million visitors in 2025, including over 1.8 million international arrivals. After approval, the provincial People's Committee will complete the dossier for Ministry of Finance appraisal before the Government reviews it.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Sẽ trình Chính phủ công nhận đặc khu Phú Quốc là Khu kinh tế đặc biệt
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Related tickers and likely impact
VNINDEX
• NeutralRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/29/2026 | 1,755.61 |
| Change that session | -0.62% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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