Gautam Adani is reportedly considering a $10 billion investment in Vietnam, according to news reports released after his meeting with Vietnam’s Communist Party General Secretary To Lam in Hanoi. The group is exploring opportunities across infrastructure, energy, renewable power, and emerging technologies such as artificial intelligence.
The Adani Group already operates in Vietnam through Adani Ports and is evaluating a $2 billion investment in the Lien Chieu Port at Da Nang. The project has received an in-principle approval from the Vietnamese government. Vietnam has been described as a priority market under Adani’s Asia-focused expansion.
This visit follows Adani's recent trip to China, where he engaged with equipment suppliers and potential partners. It was his first overseas visit since facing a $250 million bribery-related indictment in the U.S.
The legal issues have impacted the group's international projects, Kenya cancelled an airport deal, and France’s TotalEnergies paused new investments in their gas distribution joint venture with Adani.
Read more: What All Does the Adani Group Own?
Meanwhile, Adani Realty has been ranked India’s most valuable unlisted real estate company for 2025 by the GROHE-Hurun India Real Estate 150 report. The firm, led by Jackbastian K Nazareth, is headquartered in Ahmedabad and valued at ₹52,400 crore.
The combined value of India’s top 150 real estate firms rose 14% to ₹16 lakh crore ($188 billion), down from 70% growth last year, the slowest increase since the report began. The BSE Realty Index also dropped 12% during this period. However, the sector added ₹1.4 lakh crore in value post-April, helped by stable interest rates and housing demand.
Mumbai led the rankings with 42 companies on the list, collectively worth ₹6.96 lakh crore. The 2025 report also saw 63 new entrants, including 29 debuting in the Top 100.
Adani’s plans in Vietnam come alongside the group's rising presence in India’s real estate sector. Both domestic and international developments signal continued expansion across sectors.
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Published on: Aug 1, 2025, 10:02 AM IST
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