PM receives Chairman of Adani Group in Hanoi

Prime Minister Pham Minh Chinh on December 22 received Gautam Adani, Chairman of India's major infrastructure conglomerate Adani Group which is currently exploring an investment of around 10 billion USD in Vietnam over the next decade.

PM receives Chairman of Adani Group in Hanoi -0
Prime Minister Pham Minh Chinh (R) and Chairman of Adani Group Gautam Adani at their meeting in Hanoi. Photo: VNA

The PM stated that Vietnam always welcomes and is ready to host large Indian groups, including Adani, to invest in such strategic areas as infrastructure and renewable energy.

Praising Vietnam’s investment climate, the Indian entrepreneur introduced Adani's cooperation strategy in the Southeast Asian country with a total investment of up to 10 billion USD over the next 10 years in the fields of seaports, logistics, infrastructure, and renewable energy. A highlight of them is the Lien Chieu port project in the central coastal city of Da Nang.

The group wants to invest in Vietnam in the sectors of seaports, green energy, power transmission, airports, inland waterways, and other mutually interested areas, he noted.

Saying that these sectors align with the country’s development strategy, the Government leader suggested the conglomerate bring advanced, new, and clean technologies as well as modern management to Vietnam.

In the near future, he recommended that Adani closely coordinate with Vietnamese ministries, sectors, and localities to effectively implement the Lien Chieu port project, and study investment in building the Chu Lai airport and specific renewable energy projects.

The PM affirmed that Vietnam supports and creates favourable conditions for Indian firms to deploy effective and sustainable investment and business activities in Vietnam, contributing positively to the development of the two countries’ comprehensive strategic partnership.

With a market capitalisation of over 200 billion USD, Adani Group owns 14 major seaports and seven airports in India./.

Politics-Diplomacy

NA Standing Committee convenes 42nd session
Politics-Diplomacy

NA Standing Committee convenes 42nd session

The National Assembly (NA) Standing Committee convened its 42nd session in Hanoi on February 5, focusing on reviewing and providing feedback on draft laws and resolutions set for immediate issuance to facilitate the restructuring and streamlining of the government apparatus.

PM Pham Minh Chinh chairs Government's monthly meeting
Politics-Diplomacy

PM Pham Minh Chinh chairs Government's monthly meeting

Stressing that all ministries and localities must achieve a minimum growth rate of 8% to lay the groundwork for double-digit growth in the coming years, PM Pham Minh Chinh requested the Government members to propose measures to stabilise the macroeconomy, curb inflation, promote growth, revitalise both traditional and emerging growth drivers.

Top leaders of Vietnam, Cuba hold phone talks
Politics-Diplomacy

Top leaders of Vietnam, Cuba hold phone talks

On behalf of the Party, State, people of Cuba and General Raul Castro Ruz, Diaz-Canel conveyed the best wishes to the Party, State and people of Vietnam on the occasion of the 95th founding anniversary of the CPV (February 3, 1930 - 2025) and the Lunar New Year of the Snake.

State leader meets with staff of Presidential Office
Politics-Diplomacy

State leader meets with staff of Presidential Office

Emphasising that 2025 is a year of acceleration and breakthrough to achieve the targets outlined in the 13th National Party Congress's Congress, as well as the nation’s five-year and ten-year socio-economic development plans, President Cuong stressed the need for the Presidential Office to ensure higher operational efficiency after the organisational streamlining.