
News · APEC preparations
APEC preparations: what is being built, and by when
Phu Quoc is preparing to host the APEC Economic Leaders' Week in 2027. The Government counts 21 key projects worth about VND 137 trillion. This brief sets out what each main project is, where it is, how far it had progressed at the date of the latest report, and which dates are targets rather than commitments.
The national timetable
First APEC Year activity in December, in Gia Lai
1 October 2026. Viet Nam News reported that the first official activity of Viet Nam's APEC Year 2027, the Informal Senior Officials' Meeting, is scheduled for December 2026 in Gia Lai province. Phu Quoc is where the Leaders' Week projects are being built and where the media centre will be. The National Committee for APEC 2027 is chaired by Permanent Deputy Prime Minister Pham Gia Tuc. Ministries were told to finalise the content of the APEC Year and the Ministry of Finance to submit extra funding for 2026 and allocations for 2027.
The report did not give the dates of the Leaders' Week. Until an official date is published, we list it as unconfirmed.
Sources: Viet Nam News — Viet Nam steps up preparations for APEC Year 2027 (1 October 2026) · last checked .
The projects and their budgets
The figures below come from the Viet Nam News report of 6 October 2026, which drew on the Government's list of 21 key projects with a total preliminary investment of about VND 137 trillion (US$5.4 billion).
| Project | Scale | Estimated cost | Stated status or target |
|---|---|---|---|
| Phu Quoc International Airport expansion | About 1,050 ha; terminal T2, VIP terminal, second runway of 3,300 m | VND 22 trillion | First phase April 2027 |
| APEC Conference and Exhibition Centre | More than 157,000 m²; ballroom over 11,000 m²; performance hall; press centre | VND 21.9 trillion | Main structure largely complete |
| Provincial road ĐT.975 | About 20 km, airport to the south | About VND 2.5 trillion | Asphalt late 2026 to early 2027 |
| APEC Avenue | About 3 km, 68 m wide | Not stated | Serves the conference area |
| Light rail, first section | Airport to the conference area | About VND 9 trillion | Service planned from August 2027 |
| Cua Can reservoir | 7.5 million m³; about 50,000 m³ a day | Nearly VND 4 trillion for both reservoirs | Not stated |
| Duong Dong 2 reservoir | 7.5 million m³ | (included above) | Not stated |
| An Thoi underground power and telecoms | Cables moved underground | VND 420 billion | Not stated |
Two large mixed-use urban areas in the south are listed alongside: about 88.4 hectares at Bai Dat Do and more than 21 hectares at Nui Ong Quan, planned to include about 5,200 serviced apartments. Their reported cost differs between sources: VND 64 trillion for Bai Dat Do on 6 October and about VND 82 trillion two days later. The light rail length also differs: more than 20 km in the October report, 17.59 km for phase one in the developer's timetable.
Sources: Viet Nam News — Phú Quốc races to complete APEC 2027 projects (6 October 2026); Viet Nam News — airport and hotel capacity expands ahead of APEC 2027 (8 October 2026); VnExpress International / VNA — light rail and airport works speed up (21 September 2026); Mekong ASEAN — Phu Quoc light rail timetable (8 August 2026) · last checked .
Progress reports
Light rail: six stations, test runs in June 2027
8 August 2026. Mekong ASEAN reported the developer's timetable for the light rail. The first phase is 17.59 km from Tay Bac station near the airport to Dao Ngoc station, underground and linked directly to the APEC centre, with six stations in all. Surface track laying was to start in late August 2026 and elevated and tunnel sections in October; the first trains were expected in January or February 2027, test runs in June and commercial service in August 2027. The journey from the airport to the south is expected to take about 20 minutes. About 28.7% of the investment of nearly VND 9,000 billion had been disbursed by early August.
Sources: Mekong ASEAN — Phu Quoc light rail timetable (8 August 2026) · last checked .
Road corridor about half built
21 September 2026. VNA, reported by VnExpress International, said the ĐT.975 corridor has a 62-metre cross-section with ten vehicle lanes and the light rail on the central median. By early September about 65% of the cable trenches, nearly 50% of drainage and road foundations, and more than 55% of the four bridges were complete. Crews work in three shifts. The light rail breaks down into 14.81 km at ground level, 0.78 km elevated and 2 km underground in the APEC core area.
Sources: VnExpress International / VNA — light rail and airport works speed up (21 September 2026) · last checked .
Terminal T2 nearing the end of its structure
4 October 2026. The main concrete structure of T2 was about 95% complete and the baggage system about 60%. A technical flight is planned for 30 December 2026 and operations from April 2027. Details are in the flights brief.
Sources: VnExpress International / VNA — workers race to finish the new terminal (4 October 2026) · last checked .
Rooms on the island
8 October 2026. Viet Nam News reported about 500 accommodation establishments on Phu Quoc, including more than 20 five-star hotels with nearly 11,000 rooms, and a planned 15 high-rise seafront hotels with nearly 6,500 rooms in the Bai Dat Do area. APEC is expected to bring leaders from 21 member economies with business delegations and international media.
Sources: Viet Nam News — airport and hotel capacity expands ahead of APEC 2027 (8 October 2026) · last checked .
The context: visitor numbers
Half-year count and a tourism campaign
8 July 2026. Viet Nam News reported more than 5.7 million visitors in the first half of 2026 and named the chairman of the special zone People's Committee, Tran Minh Khoa, in its account of the island's preparations. The report mentioned a campaign called "Every Phu Quoc resident is a tourism ambassador", the response team for tourists and a planned "green label" certification for accommodation.
Sources: Viet Nam News — Phú Quốc strengthens global tourism appeal ahead of APEC 2027 (8 July 2026) · last checked .
What this means if you are visiting before APEC
- Expect building work along the road from the airport to the south, around the airport itself and in the An Thoi area, with lane closures and dust likely while the corridor is paved from late 2026.
- Allow more time for road transfers between the airport and the south until the new road opens.
- During the Leaders' Week itself, expect security restrictions. None had been published when we checked; we will report them when they are.
Still unconfirmed
- The dates of the APEC Economic Leaders' Week on Phu Quoc.
- Opening dates for the conference centre, APEC Avenue and the reservoirs.
- Any traffic restrictions or closures for the event.
Common questions
Questions readers ask
When is APEC 2027 on Phu Quoc?
The Leaders' Week is planned for 2027 on Phu Quoc. The reports we checked on 25 October 2026 did not give its dates.
How many projects are being built for APEC?
The Government lists 21 key projects worth about VND 137 trillion, including the airport, a conference centre, a road, a light rail line and two reservoirs.
When will the light rail open?
The developer's timetable, reported in August 2026, gives test runs in June 2027 and commercial service in August 2027.
Will building work affect visitors?
Likely, along the airport-to-south road and around the airport, through 2026 and into 2027.
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