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Adani group announces $10 bn investment in Vietnam's growing economy

Adani group announces $10 bn investment in Vietnam's growing economy

Ahmedabad-based Adani Group has pledged to invest up to $10 billion in Vietnam, marking one of its largest overseas commitments as it eyes strategic expansion across Southeast Asia.
Adani Group Chairman Gautam Adani conveyed the group's plans during a meeting with Vietnamese Communist Party General Secretary To Lam in Hanoi on Wednesday, outlining investment opportunities in infrastructure, energy, seaports, airports, logistics, and digital technology.
While the group plans to invest a massive $100 billion in India over the next five years, internationally, it has already acquired Haifa Port in Israel in 2023 for $1.15 billion. It has also made significant investments in Australia, including a coal mine and a port project.
The group is making its presence felt in Vietnam through a proposed port project in Da Nang. This latest pledge signals Adani's deeper push into the fast-growing Vietnamese economy and aligns with the country's priorities in renewable energy and digital transformation.
The Vietnamese leadership welcomed the proposal and encouraged swift coordination between Adani and local authorities to fast-track project execution.
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Maha govt mute spectator to rising crime, Rs 4,900 cr freebie scam: Sule
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Maha govt mute spectator to rising crime, Rs 4,900 cr freebie scam: Sule

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Sule criticises Maharashtra govt over rise in crime, alleges ₹4,900 cr scam in Ladki Bahin scheme

NCP (SP) leader Supriya Sule on Saturday slammed the BJP-led Mahayuti government for failing to address the rising crime rate in Maharashtra, accusing it of being a mute spectator as miscreants had no fear of the law. Supriya Sule said parts of the state, including Pune and Beed districts, have witnessed a steady surge in crimes.(ANI Twitter) Speaking to reporters here, the Baramati MP claimed that a ₹4,900 crore scam had taken place in the Majhi Ladki Bahin Yogana, the government's flagship scheme that provides a monthly assistance of ₹1,500 to women. She said parts of the state, including Pune and Beed districts, have witnessed a steady surge in crimes, while the government remains a mute spectator. "People have lost faith in the system. There is no fear of the law. Who is backing these criminals? Instead of looking into these questions, the government chooses to stay silent," she said. Sule criticised the delay in the formation of a special investigation team (SIT) to probe the 2022 murder of Parli-based businessman Mahadev Munde. "Only after Munde's wife, Dnyaneshwari, attempted self-immolation and met Chief Minister Devendra Fadnavis, did the government act. We demand a fair and transparent probe by the SIT," she said. Sule also raised concerns about the recent communal unrest at Yavat in Daund tehsil, where groups of persons, angered by a social media post, vandalised and set ablaze properties. "This is a sensitive region. Political leaders and outsiders coming in and inciting unrest are unacceptable. I urge the chief minister and deputy chief ministers to control their people," she said. Sule urged Deputy Chief Minister Ajit Pawar, also the guardian minister of Pune, to ensure peace and communal harmony in Daund. "We have deep roots in Daund. Let's not allow outsiders to disturb its social fabric," she said. Maharashtra has become an example of how power and money can derail governance, she claimed. "There is a ₹4,900-crore scam in the Ladki Bahin scheme. Farmers are committing suicide, and yet the government is focused on self-promotion," she alleged. Maharashtra Women and Child Development Minister Aditi Tatkare recently admitted that nearly 26.34 lakh ineligible persons, including men, were availing benefits of the Ladki Bahin scheme. On Fadnavis's recent remarks about rising hooliganism in Pune, Sule said, "If you acknowledge there's a law and order issue, what action have you taken? Who is protecting these contractors and gangsters?" She also flagged irregularities in the Election Commission's handling of voter rolls in Bihar, demanding a detailed discussion in the Parliament on electoral transparency and accountability.

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