Vietnam’s law-making National Assembly on Wednesday approved a resolution to turn Phu Quoc into Vietnam’s first island city.
The resolution to establish Phu Quoc City, administered by the southern province of Kien Giang, will become effective on March 1, 2021.
The island city will have the same area as the current Phu Quoc island district as well as its population of 179,480.
It will include two wards, namely Duong Dong and An Thoi, and seven communes including Ham Ninh, Duong To, Ganh Dau, Bai Thom, Cua Duong, Can Can, and Tho Chau.
Phu Quoc is located on the southwest sea territory of Vietnam, bordering Cambodia and Thailand, according to Minister of Home Affairs Le Vinh Tan.
The island has a long coastline with many famous and pristine beaches, as well as deep sea waters suitable for the development of fishery and seaport systems.
A development plan was previously approved on November 9, 2005 to exploit the potentialities of the island.
Phu Quoc has maintained a high and stable economic growth rate over the past 15 years, attracting more than 320 investment projects worth over VND340 trillion (US$14.6 million).
In 2019, the island welcomed more than three million domestic and international visits.
It has a lot of businesses, agencies, enterprises, schools, and big projects, which have contributed to its urban development and encouraged an modern lifestyle among local residents, Minister Tan elaborated.
The government has noticed several problems in the development of Phu Quoc, thus the establishment of an island city coupled with urban administration is intended to help solve these issues and further foster economic growth, he added.