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Technology Published date: January 1, 2013
  • Country: Cambodia
  • Region: Phu Quoc island

Phu Quoc is still genuinely unspoiled by time and tourism, in spite of the increasing investment activity in recent years. Travelers say that "Vietnam is like Thailand twenty years ago". Based on the economic progress Vietnam has made since the Socioeconomic Renovation called "Doi Moi" in 1986, then Phu Quoc would be considered like Vietnam ten years ago!

As a result of the government's decision to promote ecotourism in Phu Quoc, many international investors and corporations, recognizing the investment potential, have already developed resorts and businesses on the island. However, many areas remain undeveloped or under-developed. A "ground floor" opportunity still exists for interested investors. This is the ideal time to take advantage of lucrative opportunities during this booming economic cycle in Phu Quoc. The real estate market on the island is still affordable and there is less business competition at this very early stage in the development of Phu Quoc.

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