Gautam Adani, founder and chairman of Adani Group, the largest energy and infrastructure conglomerate in India, has promised to provide Vietnam with US$1 million to overcome the aftermath of typhoon Yagi, which devastated the country’s northern region last weekend. 

Adani, the world’s 15th wealthiest Indian billionaire, announced the donation in a letter recently sent from New Delhi to Vietnamese Prime Minister Pham Minh Chinh to extend his deepest condolences to all Vietnamese people, especially those suffering from the powerful storm and the ensuing floods and landslides, a source told Tuoi Tre (Youth) newspaper.

He said in the letter that he was deeply saddened to witness the great losses of loved ones and property caused by the storm and the difficulties facing communities in Vietnam’s northern provinces.

Expressing his wish to donate $1 million to the central relief mobilization committee to help victims of the storm cope with its aftermath, Adani expressed his desire to contribute to the common efforts of the entire Vietnamese people to recover from the impacts of the catastrophe.

Specifically, this pledged donation is meant to help provide necessary support for relief activities in the typhoon-hit northern localities and the Vietnam-Czech Friendship Hospital in Hai Phong City.

The country and people of Vietnam, for many generations, have shown extraordinary strength and incredible determination in overcoming adversities, Adani commented. 

In this particularly difficult moment, it is extremely important that we unite and wholeheartedly support the people most affected by the disaster, the billionaire wrote.

In the letter, Adani aired his willingness to accompany and stand side by side with the Vietnamese people to overcome this catastrophe.

By 5:00 pm on Thursday, typhoon Yagi and the resultant floods and landslides had caused 226 deaths, left 104 people missing, and injured more than 800 others across northern Vietnam, according to the Vietnam Disaster and Dyke Management Authority under the Ministry of Agriculture and Rural Development.

Regarding the group’s operations in Vietnam, Adani is committed to launching successful investment projects in the Southeast Asian nation to aid communities and contribute to developing the national economy.

During his meeting with PM Pham Minh Chinh within the framework of Chinh’s state visit to India in July this year, Adani expressed his desire to invest in the Lien Chieu port project in Da Nang City, which was estimated to cost more than $2 billion.

The group also expected to pour $2.8 billion into the Vinh Tan 3 thermal power plant project in south-central Binh Thuan Province, and to join Vietnamese partners in investing in aviation and logistics projects such as Chu Lai Airport in Quang Nam Province and phase-2 Long Thanh Airport in Dong Nai Province.

As the biggest Indian corporation specializing in infrastructure and energy, Adani Group owns 14 of the largest private seaports in India, accounting for 25 percent of the South Asian country's seaport capacity, and seven airports there.

With a total of about 29,000 employees globally, the group earned a revenue of $33 billion and reported $2.9 billion in profits in 2023.

At the end of last year, Adani was the 15th-richest billionaire in the world and the second-richest person in India as well as Asia, with a net worth of $82.5 billion, according to the Bloomberg Billionaire Index.

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