Gautam Adani meets Vietnam’s top leadership to discuss strategic investments in ports, energy and infrastructure.
In order to elevate the importance of economic and strategic cooperation, Gautam Adani, Chairman of the Adani Group, talked about the importance of strengthening India–Vietnam cooperation during his recent visit to Vietnam, which he has said has held much greater importance in the recent years. Following his meeting with Vietnam's Communist Party General Secretary To Lam, Adani commended Vietnam on its rapid reforms and modernization, ranking it as a dynamic hub for manufacturing, logistics, energy and infrastructure. He also expressed the Adani Group's eagerness to contribute to the transformation in Vietnam and stressed the need for a much stronger economic partnership attuned to the long-term strategic visions of both countries.
"We look forward to contributing to this transformative journey and enabling deeper Vietnam-India economic partnerships," Adani Group Chairman Gautam Adani said.
"It was a privilege to meet H.E. To Lam, General Secretary of the Communist Party of Vietnam. His bold reforms and visionary agenda to position Vietnam as a regional leader in energy, logistics, ports and aviation reflect exceptional strategic foresight," Mr Adani said. "We look forward to contributing to this transformative journey and enabling deeper Vietnam-India economic partnerships," he added.
India and Vietnam have seen sustained growth in bilateral trade, reaching $15.76 billion in the fiscal year 2026. According to official data for fiscal 2026, bilateral trade reached $15.76 billion, registering an increase of 6.40 per cent year-on-year. While Vietnam enjoys a trade surplus, India's interest in expanding port connectivity and maritime cooperation demonstrates a shared commitment to Indo-Pacific security and economic integration. The Adani Group, through Adani Ports and Special Economic Zone (APSEZ), is considering developing the Lien Chieu port in Da Nang, Vietnam. This investment, worth more than $2 billion, is aimed at creating a state-of-the-art port and integrated logistics ecosystem. The proposal has secured in-principal approval from the Vietnamese authorities and is set to greatly enhance trade efficiency and regional supply chains.
India's exports to Vietnam amounted to $5.43 billion, while Indian imports from Vietnam amounted to $10.33 billion. In fiscal 2025, Vietnam was India's 20th-largest trading partner and 15th-largest export destination globally.
Other than ports, the Adani Group is also interested in investing in crucial areas such as renewable energy and aviation. It is pursuing hydropower and thermal power projects in Binh Thuan province in Vietnam and is evaluating potential investments in the development and modernization of airports, including Long Thanh and Chu Lai. These projects are in alignment with the national development priorities of Vietnam as well as green energy transition objectives. The Vietnamese leadership has expressed significant support for Adani's proposals and encouraged cooperation between Indian companies and local agencies to achieve timely and sustainable development.
Gautam Adani's visit has been a watershed moment for India-Vietnam relations, highlighting the role of private sector leadership in pursuing strategic diplomacy. With an eye toward the future, the growing partnership between the two nations in the realms of trade, energy, and infrastructure signals a growing regional partnership based on mutual growth and shared geopolitical interests.
On the fringes of the BRICS Summit in Brazil earlier this month, Prime Minister Narendra Modi met with his Vietnamese counterpart, Pham Minh Chinh. In January of this year, Vietnam joined the BRICS group.
