Indian business magnate Gautam Adani has expressed his willingness to invest up to USD 10 billion in Vietnam, as part of the Adani Group’s broader strategy to deepen its footprint across Asia.
According to a report by Bloomberg, the move signals a significant step in Adani’s international growth agenda, with a strong focus on infrastructure, energy, and cutting-edge technologies.
During a recent visit to Hanoi, Adani met with To Lam, General Secretary of the Communist Party of Vietnam, and discussed opportunities for large-scale investment.
The Indian conglomerate conveyed interest in contributing to multiple sectors, infrastructure, renewable energy, ports, and artificial intelligence, aligning with Vietnam’s economic development plans.
Adani Group already operates in Vietnam through Adani Ports and Special Economic Zone Ltd.
The company is currently exploring an investment exceeding USD 2 billion to develop the Lien Chieu port in Da Nang, a key coastal city in Vietnam.
Vietnam’s government has reportedly granted ‘in-principle approval’ for the port project, as revealed by Karan Adani, Managing Director of Adani Ports, in an earlier interview with Bloomberg.
This is not Gautam Adani’s first visit to the region. The report mentions that he recently toured China to engage with equipment suppliers and explore strategic partnerships, highlighting his intent to build deeper relationships across Asia.
The potential USD 10 billion investment would be one of the largest foreign direct investment commitments by an Indian company in Vietnam to date.
Adani Group aims to build world-class infrastructure platforms in emerging markets, and Vietnam — a rapidly growing manufacturing and logistics hub- aligns well with that ambition.
By targeting clean energy and logistics, Adani’s proposals are expected to complement Vietnam’s industrial and environmental goals, while reinforcing India’s economic diplomacy in Southeast Asia.
If realised, this investment could significantly strengthen economic ties between India and Vietnam and enhance Adani Group’s role in Asia’s infrastructure and green energy transformation.
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