Business

Adani Group To Invest $10 Billion In Vietnam For Infra & Energy

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.

Also Read: Adani Ports Sees 8% Cargo Growth In July On Strong Container Surge

Geetanjali Mishra

Recent Posts

Justice Vikram Nath Hails PM Modi’s Vision For Accessible & Technology-Driven Justice At NALSA Conference

Justice Vikram Nath praised PM Modi’s vision for inclusive, tech-driven justice and legal empowerment.

8 mins ago

Justice Surya Kant Calls For Empathetic Tech-Driven Legal Aid System At NALSA Conference

Justice Surya Kant urged empathetic, tech-driven legal aid reforms to make justice accessible and inclusive.

33 mins ago

SC To Live Stream National Conference On Legal Aid & Legal Services Day Celebrations

Supreme Court to live stream NALSA’s National Conference and Legal Services Day celebrations online.

57 mins ago

CJI Gavai Describes Legal Aid As ‘Gandhi Ji’s Talisman In Action’ At National Conference

CJI Gavai calls legal aid Gandhi Ji’s talisman in action, reaffirming justice for all.

1 hour ago

PM Modi Reaffirms Commitment To ‘Ease Of Justice’ For All

PM Modi stresses ‘Ease of Justice’ as key to ensuring equality, empowerment, and timely access.

2 hours ago

Fitness Expert Lists 10 Clear Signs You’re Overexerting At The Gym

NASM-certified trainer Alex highlights ten warning signs of overtraining at the Gym, from persistent soreness…

3 hours ago