Israel, Sri Lanka, Tanzania, now Vietnam: Gautam Adani plots a trade coup against China

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Billionaire Gautam Adani is charting new waters, with plans to build a state-of-the-art port in Vietnam as part of his ambitious global expansion...

This venture by Adani Ports and Special Economic Zone Ltd. has reportedly received in-principle approval from the Vietnamese government for a greenfield development in Da Nang, revealed Karan Adani, the company's managing director...

This project, still in its nascent stage, will feature container terminals and multipurpose berths to handle diverse cargo, with investment details yet to be finalized, according to a Bloomberg report...

Just last Friday, Adani's new mega port in southern India welcomed its first mother ship, signaling the companys intent to aggressively expand and capture a larger slice of the international maritime trade, an arena currently dominated by China...

Adani is also doubling down on his investment in the Vizhinjam port in southern India, committing $2.4 billion to accelerate its expansion and attract some of the worlds largest vessels..