Vietnam's $5 Billion Apec Island Is Running Out of Time As Vietnam prepares to host the APEC summit in 2027, its ambitious plans for Phu Quoc island are beginning to unravel. The $5.
2 billion project, touted as a testament to the country's build fast model, is facing numerous challenges that threaten to derail its completion on time.
The scale of investment is staggering: a brand new airport, light rail line, clusters of luxury hotels, and state of the art sewerage system are all part of the 137 trillion dong ($5. 2 billion) blueprint.