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On May 7, in Mumbai, General Secretary and President Tô Lâm met with Adani Group Chairman Gautam Adani and other Indian corporate leaders. Vietnam is entering a new development phase where infrastructure, energy, and logistics are key pillars to achieve fast and sustainable growth. Adani Group is one of the world’s leading conglomerates in large-scale projects in energy, ports, and logistics, and Vietnam appreciates the group’s existing investments in Vietnam’s energy sector. The Vietnamese side welcomed Adani’s interest and specific investment proposals, especially as Vietnam’s demand for energy infrastructure and logistics capacity is rising rapidly. Notably, the General Secretary and President stated that Vietnam hopes Adani will study and participate not only in individual projects but in large-scale infrastructure programs that connect sectors such as ports, logistics, and energy. They discussed suitable cooperation models to gradually scale up, aligned with Vietnam’s long-term development strategy and the group’s Eastward strategy. The two sides could study cooperation models that gradually scale up, tied to Vietnam’s long-term development plan and Adani’s Eastward strategy. The General Secretary and President expects Adani to become a long-term partner, supporting Vietnam in infrastructure development and promoting sustainable growth and competitiveness. Vietnam will continue to facilitate foreign enterprises, including Adani, to operate effectively, safely, and sustainably in Vietnam. The Indian billionaire Gautam Adani, the second-richest in India and among the world’s wealthiest (Forbes ranks him 24th) with assets over $81 billion, had previously met Vietnam’s leader in July 2025, when Adani expressed interest in a long-term strategic investment of up to $10 billion in Vietnam. Adani Group, headquartered in Ahmedabad, operates across ports, airports, energy, electricity transmission, mining, natural gas, infrastructure, and defense. At the meeting with Vietnamese officials, ONGC and Larsen & Toubro representatives also expressed willingness to continue as long-term strategic partners in oil and gas and infrastructure projects in Vietnam.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
