Adani Group Chairman Gautam Adani has called for a stronger India-Vietnam economic partnership, highlighting Vietnam’s emergence as a key player in energy, ports, and aviation. His comments followed a high-level meeting with Vietnamese Communist Party General Secretary To Lam, signaling the Indian conglomerate’s growing interest in Southeast Asia. “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… reflect exceptional strategic foresight,” Adani said in a post on X (formerly Twitter). “We look forward to contributing to this transformative journey and enabling deeper Vietnam-India economic partnerships.”
India-Vietnam Trade Snapshot
India and Vietnam share robust and growing trade relations. According to official figures:
- Bilateral trade hit $15.76 billion in FY26, a 6.4% increase YoY
- India’s exports to Vietnam: $5.43 billion
- Imports from Vietnam: $10.33 billion
- Vietnam ranks as India’s 20th-largest trading partner, and 15th-largest export destination globally
Strategic Maritime Ties Deepen
Adani’s push for closer business ties aligns with broader geopolitical and maritime cooperation between the two countries. Last week, Indian Navy ships INS Delhi, Shakti, and Kiltan made a port call at Da Nang, Vietnam. India’s Ambassador Sandeep Arya visited the port to underscore expanding defense and logistical ties in the Indo-Pacific.
A Broader Regional Play
Adani’s interest in Vietnam is seen as part of a larger strategy to deepen the Adani Group’s footprint across Asia’s fast-growing economies. The conglomerate already operates in energy, logistics, ports, and data infrastructure in various international markets.
Earlier this month, PM Narendra Modi met with Vietnam’s PM Pham Minh Chinh on the sidelines of the BRICS Summit in Brazil, where Vietnam was welcomed as a participant for the first time in January.
What’s Next?
Though details of Adani’s potential investments were not immediately shared, the emphasis on energy, logistics, and aviation suggests alignment with Vietnam’s own national growth priorities.
Vietnam, with its strategic location, skilled workforce, and investor-friendly reforms, is rapidly positioning itself as a manufacturing and logistics hub in the region. India, too, is keen to reduce dependency on China by building deeper supply chain and trade ties with countries like Vietnam.
