Phan was was the victim of a targeted shooting in East Vancouver just after midnight Thursday night.
Vancouver Police say officers responded to reports of gunshots in the 7200 block of Victoria Drive at 12:30 a.m. PT.
They found Phan with gunshot wounds in the backyard of a home. He died shortly afterwards in hospital.
Police say it is still too early in the investigation to determine motive, but the victim is known to police and the attack appears to be targeted.
Phan is associated with gangs and the drug trade, police said.
Anyone with information is asked to call the Vancouver Police Major Crime Section at 604-717-2500 or Crime Stoppers at 1-800-222-8477 if they wish to stay anonymous.