Phu Quoc has rapidly evolved into a top travel destination in the past two years, gaining international recognition for its stunning scenery. Visitors are drawn to its pristine beaches, vibrant culture, and especially budget-friendly accommodations, making it an ideal getaway for all travelers.
Phu Quoc has earned international favour by developing tourism sustainably. Although it faced criticism for overpricing in 2021-2022, the island made significant improvements by 2023-2024. Today, international visitors widely praise Phu Quoc as one of the most reasonably priced travel destinations.
This is why the U.S.-based travel magazine Travel+Leisure, in its December 2024 article, highlighted Phu Quoc as a destination offering outstanding value for money, surpassing many other popular tourist spots. “A three-day vacation in Phu Quoc costs less than a three-day weekend in Singapore or Koh Samui (Thailand) and is only one-third to one-fourth the cost of other well-known destinations in the region,” Travel + Leisure noted.
For instance, a night at a standard hotel in Singapore starts at 150 SGD (around VND2.8 million), whereas a similar quality hotel in Phu Quoc costs just 50 SGD (around VND950,000), allowing for a luxurious yet budget-friendly vacation.
In December 2024, South Korea’s KBS television network featured Phu Quoc in a special report. Many South Korean tourists interviewed highlighted the island’s affordable accommodation and dining options, making it an even more appealing travel destination.
Lee Hyun Suk, a tourist from Busan, praised Phu Quoc for its affordability, noting that a full meal cost just 5,000 won (about VND90,000). He also highlighted the value offered by beachfront resorts with private pool villas, such as New World Phu Quoc and Premier Village Phu Quoc, as well as hotels like La Festa Phu Quoc – Curio Collection by Hilton, which offer nightly fireworks views. These accommodations provide luxurious experiences at surprisingly reasonable prices.
According to a Savills Hotels report, the average price for luxury hotels in Phu Quoc ranges from US$100 to US$120 per night. Besides international-standard resorts like JW Marriott Phu Quoc Emerald Bay Resort and New World Phu Quoc, the Sunset Town area features budget-friendly mini-hotels and modern-style accommodations ranging from VND500,000 to over VND1,000,000 per night, catering to various traveller needs.
The island is also home to bustling seafood markets, vibrant night markets, and rich local delicacies. Thai journalist Thasaneya Ratwong from Nation Story visited Phu Quoc in early 2024 and was highly impressed by its affordability. She noted, “The cost of living in Phu Quoc is not high; in fact, food here is even cheaper than in Thailand.”
Not only does Phu Quoc offer great affordability, but it is also becoming increasingly attractive compared to other regional destinations, thanks to its world-class experiences and iconic landmarks. The world’s longest three-wire cable car to Hon Thom Island allows visitors to admire Phu Quoc’s breathtaking scenery from above, an experience unlike any other. Sunset Town, with the unique “Kiss Bridge”—praised by CNN—along with nightly fireworks displays in “Kiss of the Sea” and “Symphony of the Sea” shows, ensures visitors leave with unforgettable memories.
According to top global travel businesses, with its potential and current momentum, Phu Quoc should be compared to world-class tourism icons like Hawaii and the Maldives. “Once infrastructure, roads, and tourist facilities are fully developed, we will witness the rise of the ‘Hawaii of the East,’” said Hong Jung Min, CEO of Hanatour Vietnam, with great optimism.
