India’s Adani Group has unveiled a strategic long-term investment plan worth $10 billion in Vietnam, focusing on infrastructure, energy, logistics, and emerging technologies.
The announcement came during Chairman Gautam Adani’s visit to Hanoi last week, where he met Vietnamese Party General Secretary To Lam, as reported by Tuoi Tre News citing the Vietnamese Ministry of Foreign Affairs.
During the meeting, Gautam Adani commended Vietnam’s national development strategy and socio-economic achievements, expressing his admiration for the country’s growth.
He also conveyed Adani Group’s readiness to align its global capabilities with Vietnam’s national priorities, highlighting sectors such as seaports, airports, transport, energy, and digital innovation.
Adani noted that the group already has a proven track record in managing large-scale operations, including Mundra Port, India’s largest seaport, and is currently India’s largest energy provider.
He emphasised that Adani Group is fully committed to expanding its footprint in Vietnam.
Vietnam Welcomes Strategic Partnership
General Secretary To Lam praised the Adani Group for its role in India’s economic rise and welcomed the group’s long-term vision for Vietnam.
He encouraged direct engagement between Adani and key ministries and local authorities to expedite project planning and implementation.
He reiterated Vietnam’s aim to achieve strategic breakthroughs in science, technology, innovation, and digital transformation, and affirmed the government’s support for foreign-invested enterprises.
Gautam Adani expressed interest in investing in areas such as:
- Strategic infrastructure
- Energy and renewable energy
- Emerging technologies, including artificial intelligence
He added that the Adani Group looks forward to favourable conditions from the Vietnamese leadership to carry out its projects effectively and in alignment with the country’s development roadmap.
The announcement comes as growing cooperation between India and Vietnam, whose comprehensive strategic partnership was established in 2016.
To Lam encouraged businesses from both nations, including the Adani Group, to strengthen economic, trade, and investment ties and unlock shared potential.
Vietnam, he said, remains committed to providing the best possible environment for foreign companies to contribute to national development, with a strong focus on private-sector and innovation-led growth.
Adani’s investment signals a major step forward in India-Vietnam business collaboration, positioning both nations to achieve mutual economic advancement through sustainable and strategic development.
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