Economy

Adani Group Plans Massive $10 Billion Investment in Vietnam's Infrastructure and Energy Sectors

Adani Group's Strategic Vision for Vietnam

During a pivotal meeting in Hanoi, Adani Group outlined its ambitious plans to invest up to $10 billion in Vietnam, focusing on infrastructure, energy, and emerging technologies. The group's leader expressed deep admiration for Vietnam's rapid socio-economic development and its strategic vision for the future.

Strengthening Vietnam-India Economic Ties

The discussion highlighted the robust Vietnam-India Comprehensive Strategic Partnership, with both nations sharing aspirations to become modern developed economies by their respective independence centenaries. Adani Group's expertise in ports, airports, and renewable energy was showcased as a key driver for potential collaborations.

Indian billionaire Gautam Adani speaks during an interview

Photo by Reuters: Indian billionaire Gautam Adani during an interview in Ahmedabad, Sept. 24, 2012.

Future Collaborations and Government Support

Vietnam's Party General Secretary To Lam welcomed Adani Group's long-term investment strategy, emphasizing the country's commitment to creating favorable conditions for investors. The meeting concluded with a mutual agreement to explore priority areas for cooperation and accelerate project deployments.