Our Bureau
Ahmedabad
Gautam Adani, Chairman of the Adani Group, met with Vietnam’s Communist Party General Secretary To Lam on July 30, 2025, to discuss deepening economic partnerships between India and Vietnam. Adani praised To Lam’s bold reforms that have positioned Vietnam as a regional leader in sectors such as energy, logistics, ports, and aviation. He expressed the Adani Group’s commitment to contributing to Vietnam’s development and advancing economic ties between the two nations.
The Adani Group announced its intention to invest up to $10 billion in Vietnam, focusing on infrastructure, energy, renewable energy, and emerging technologies. This investment plan reflects a strategic long-term engagement to boost bilateral cooperation and support Vietnam’s socioeconomic growth agenda. The group already has projects under consideration in Vietnam, including a port development in Danang, which received preliminary government approval.
India and Vietnam maintain strong trade relations, with bilateral trade reaching $15.76 billion in the fiscal year 2026, a 6.4% increase year-on-year. India exported $5.43 billion worth of goods to Vietnam, while imports from Vietnam stood at $10.33 billion. This growing trade volume underscores the strategic partnership between the two countries, which share similar development goals fuelled by innovation, technology, and infrastructure expansion.
Recent diplomatic and naval visits, such as port calls by Indian naval ships and interactions at the BRICS Summit, further highlight the importance of India-Vietnam ties in the Indo-Pacific region. Both countries continue to explore cooperation in strategic sectors to reinforce their longstanding partnership.
