VIETNAM/SINGAPORE. In a key development for Vietnam’s tourism sector, Vietnamese company Sun Group* and Changi Airports International** (CAI) of Singapore have signed a strategic cooperation agreement to transform Phu Quoc International Airport into Vietnam’s first ‘airport destination’.
The project will integrate aviation infrastructure with tourism, retail and entertainment experiences.
CAI will provide advisory services to enhance airport operations, commercial performance, air connectivity, and capacity and service standards.
The collaboration positions Phu Quoc island as a world-class aviation and tourism hub within the Asia Pacific region ahead of the Asia-Pacific Economic Cooperation Forum (APEC) due to be held in November 2027, when the airport will welcome global leaders and international visitors.
Phu Quoc is famed for its gleaming white sand beaches, earning it the tag ‘Pearl Island’. The island is also acclaimed for its sustained environmental conservation efforts and cultural heritage. Much of Phu Quoc has been protected by a UNESCO Biosphere Reserve since 2006.
Phu Quoc International Airport, which served about 6 million passengers in 2025, has experienced rapid growth in recent years.
Traffic has surged during peak travel periods, setting new records for international flights and reflecting strong demand from both regional and global markets.
Under the partnership, CAI will work with Sun Group to manage Phu Quoc International Airport according to international standards. The collaboration follows extensive exchanges in both Vietnam and Singapore, exploring opportunities to combine the two players’ complementary expertise in destination development and airport management.
Building a world-class airport destination together
Globally, Singapore Changi Airport is widely recognised for its operational excellence, combining efficient airport management with unique passenger experiences such that the airport is a destination in itself.
Sun Group, meanwhile, has developed integrated tourism, resort and entertainment ecosystems across Vietnam, transforming previously lesser-known destinations into internationally recognised travel hubs.
By bringing together the best of CAI’s airport management expertise and Sun Group’s destination development experience, the partners aim to create a distinctive travel destination at Phu Quoc, where aviation infrastructure and tourism experiences are seamlessly integrated.
Sun Group Chairman Dang Minh Truong said: “Airports today play a far greater role than transportation infrastructure. They are gateways that shape the first impression of a destination.
“Singapore Changi Airport is widely recognised for its operational excellence and pioneering airport destination concept. Through this partnership with Changi Airports International, we aim to develop Phu Quoc International Airport into a true ‘airport destination’ where the travel experience begins the moment visitors arrive.”
CAI Chief Executive Officer Eugene Gan commented, “We are impressed by Sun Group’s vision for developing Phu Quoc as the next upcoming travel destination.
“Its integrated tourism and entertainment eco-system provides a strong foundation for the long-term development of Phu Quoc International Airport as a key gateway for the island. We look forward to contributing our expertise to enable Sun Group to create a world-class airport experience.” 🏝️ ✈
*About Sun Group
Founded in 2007, Sun Group is one of Vietnam’s leading private economic groups, pioneering the creation of world-class tourism, entertainment, real estate and aviation projects that have elevated the country’s profile on the global map. Guided by the mission of “adding charm to the lands” Sun Group has developed a series of renowned destinations across Vietnam.
In the aviation sector, Sun Group is expanding its presence through strategic investments in airport infrastructure and the development of Sun Air, Sun PhuQuoc Airways – a destination-driven airline model designed to enhance connectivity and elevate the overall travel experience.
These initiatives reflect the Group’s integrated approach to linking aviation infrastructure with tourism ecosystems, contributing to Vietnam’s growing role in global travel and connectivity.
The partnership with CAI is also expected to serve as a foundation for Sun Group’s future airport developments, including projects in Phan Thiet and master planning for airports in Con Dao and Rach Gia.
**About Changi Airports International
Changi Airports International (CAI) is a leading airport investor, manager and consultant in the global aviation market. As a strategic partner, CAI aims to design integrated solutions that enable its clients and partners to fulfil their potential of being world-class airports.
As one of the leading airport investors and airport consulting firms, CAI has extensive global experience that spans over 20 countries and more than 60 airports around the world, including Singapore Changi Airport. CAI is committed to being a valued partner in the global aviation market, creating airports of the future and delivering sustainable value to its partners and investee airports.
CAI is a wholly owned subsidiary of Changi Airport Group. For more information visit www.cai.sg.
