Adani Group Considers Major Vietnamese Airport Investments After Seaport Green Light

India’s Adani Group is exploring a significant investment opportunity in Vietnam, specifically targeting two major airports: Long Thanh and Chu Lai. This potential investment follows a recent announcement that the company has secured permission to develop a seaport in the Southeast Asian country.

The Vietnamese government revealed this interest after a meeting in Delhi between Vietnamese Prime Minister Pham Minh Chinh and Gautam Adani, the chairman of the Adani Group. This meeting occurred during Chinh’s official visit to India, highlighting the strengthening ties between the two nations.

The government statement indicates that Adani’s plans involve deepening cooperation with Vietnamese partners in the aviation and logistics sectors through these airport projects. However, the statement did not provide details regarding the investment amount or the expected timeline for the projects.

Previously, Karan Adani, Gautam Adani’s elder son, had announced a substantial investment plan in Vietnam, including up to $3 billion for seaport and renewable energy ventures, with the possibility of reaching $10 billion over time.