Adani Group Plans $4.8B Investments Across Vietnam Ports, Energy

Gautam Adani, Chairman of the Adani Group, met with Vietnam's Communist Party General Secretary To Lam to discuss strengthening economic ties and investment opportunities between India and Vietnam. Adani praised Vietnam's transformative agenda and strategic reforms, which have positioned the country as a regional leader in energy, logistics, ports, and aviation. The Adani Group announced plans to invest up to $2 billion in the Lien Chieu port in Danang and approximately $2.8 billion in the Vinh Tan 3 Thermal Power project, along with collaboration on airport development projects such as Long Thanh and Chu Lai airports. Vietnam expressed strong support for foreign investment and committed to facilitating Adani's initiatives, highlighting the shared vision of both countries to become modern developed nations by their centennial milestones. Bilateral trade between India and Vietnam has grown significantly, reaching $15.76 billion in fiscal 2026, reflecting robust and expanding economic relations. The meetings and investments underscore the commitment to deepen the India-Vietnam Comprehensive Strategic Partnership for mutual economic growth and regional prosperity.