Vietnam Vin Group: Vietnam has great faith in Maharashtra, Vin Group will invest 6.5 billion dollars

Vietnam Vin Group Investment Maharashtra: Vietnam has now joined hands with Maharashtra. Vietnam’s Vin Group has announced a $6.5 billion investment in the state. This initiative will give a new direction to India-Vietnam economic relations.

Chief Minister Devendra Fadnavis said that there are huge opportunities for both the countries in the fields of electric vehicles, semiconductors, logistics, fintech, tourism, AI and digital technology. Vietnamese President To Lam visited Mumbai on Thursday. CM Fadnavis and Lam ‘India-Vietnam Business Forum’ Joined.

Statement of Chief Minister Devendra Fadnavis

During this, Chief Minister Devendra Fadnavis said that India-Vietnam relations are based on trust, shared history, common vision of peace, prosperity and stability in the Indo-Pacific region. Vietnam is today the fastest growing economy in Asia.

Maharashtra has also become a big engine of India’s economic growth. With an economy of around $660 billion, highest foreign investment in the country, strong infrastructure, automobile, technology and startup ecosystem, Maharashtra is becoming a magnet for global investment.

Cities like Mumbai, Pune, Navi Mumbai, Nagpur, Chhatrapati Sambhajinagar and Gadchiroli are emerging as hubs of a new industrial and technological revolution. The Chief Minister said that the partnership between Mumbai and Ho Chi Minh City will be strengthened.

🤝 CM Devendra Fadnavis witnessed the signing and exchange of MoUs between various companies at the India – Vietnam Business Forum in Mumbai today.

Key Features of the MoUs:
✅ Vietnam Chamber of Commerce and Industry (VCCI) and Confederation of Indian Industry (CII)… pic.twitter.com/r6b3y5KvFD

— CMO Maharashtra (@CMOMaharashtra) May 7, 2026

Emphasis will be laid on increasing trade, tourism, startups and maritime trade. Also, tourism cooperation will be increased through World Heritage Sites like Ajanta-Verul. It has a Buddhist heritage, linking India and Vietnam. He expressed confidence that Maharashtra will become Vietnam’s most reliable and strong partner in India. On this occasion, Vietnam Chamber of Commerce and Industry President Ho Sai Hung and many senior officials were present.

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Adani met the President of Vietnam

Gautam Adani, head of Adani Group, which has businesses in various sectors like ports, energy, cement and semiconductors, met Vietnamese President To Lam. This meeting lasted for about 15 minutes, information about what happened between them is not available. Adani last year announced a $10 billion investment in infrastructure, renewable energy and new technologies in the south-east Asian country.