Phu Quoc looks forward to RoK investment flow
VOV.VN - The administration of Phu Quoc City of Kien Giang Province had a meeting with a delegation of Yeonsu-gu District of Incheon City of the Republic of Korea on May 16, examining cooperation opportunities in trade, tourism and other fields.
Huynh Quang Hung, head of the Phu Quoc administration, briefed the guests on the city’s tourism development potential, saying the island district dubbed the pearl paradise in Vietnam has attracted approximately 300 projects valued at US$17 billion to develop resorts and tourism services.
Phu Quoc had welcomed between 2.5 – 3 million visitors per year before COVID-19 broke out, and more than 2 million visitors returned to the island district in 2022 when Vietnam reopened its borders.
Phu Quoc also wishes to attract investment and promote trade and tourism development with Yeonsu-gu District for mutual benefit, said Hung.
For his part, Lee Jae-ho, mayor of Yeonsu-gu, noted that Phu Quoc has a lot of potential for tourism development, saying Korean firms find Phu Quoc an attractive investment environment, a market with many opportunities and good development policies for domestic and foreign investors in Vietnam.
Yeonsu-gu wishes to be twined with Phu Quoc to promote the development of education, economy, tourism, ecological zones, and resorts in order to facilitate trade exchanges between the two sides, said Lee.
At the meeting, representatives of Phu Quoc and Yeonsu-gu signed a letter of intent on friendly exchanges between the two sides.