Gujarat is taking its investment roadshow east — all the way to Vietnam. Gujarat Chief Minister Bhupendra Patel announced on Tuesday, October 27, 2026 that Team Gujarat is actively engaging Vingroup Asia, Vietnam's largest private conglomerate, ahead of the Vibrant Gujarat Global Summit 2027, with conversations spanning automobiles, tourism, real estate and education.

Vietnam's Vingroup in the Frame

Vingroup is no small target. The conglomerate is Vietnam's biggest private business group, with a footprint that stretches from electric vehicles under its VinFast brand to resorts, hospitals and universities. The fact that Team Gujarat is at the table with them signals a deliberate push beyond Gujarat's traditional investor pool of Western and East Asian multinationals. The outreach fits squarely within India's broader Act East framework, which encourages states to deepen trade and investment ties across Southeast Asia.

CM Patel credited Prime Minister Narendra Modi's vision as the guiding force behind the state's investor-friendly ecosystem — a nod to the institutional origin of the summit itself. Modi, as Gujarat's Chief Minister, launched the very first Vibrant Gujarat Summit in 2003, positioning the state as a magnet for global capital. More than two decades on, that architecture is still running — and still expanding its geographic reach.

Viksit Gujarat Industrial Policy 2026: The New Pitch Deck

Central to the Vietnam conversations is the Viksit Gujarat Industrial Policy 2026, which CM Patel cited as a key enabler for global partners looking to enter the Gujarat market. The policy is being positioned as the structural underpinning that makes the summit's promise — and the Vingroup discussions in particular — bankable for foreign investors. The exact incentive architecture of the policy has not yet been detailed publicly.

What is clear is the strategic pattern: Gujarat uses the biennial summit cycle not just as a photo opportunity, but as a year-round outreach engine. Pre-summit roadshows to major investor cities and conglomerates are a routine part of that machinery, building a pipeline of commitments that can be announced on the summit floor.

ASEAN as Gujarat's Next Investment Frontier

The Vingroup engagement reflects a broader shift in where Gujarat is hunting for capital. For most of the summit's history, the headline deals came from the United States, Japan, South Korea and European markets. The pivot to ASEAN — and specifically to a Vietnamese conglomerate with stakes in automobiles and real estate — tracks the rise of Southeast Asian capital and the deepening of India-ASEAN economic integration.

Any formal MoUs or project announcements from the Vingroup talks would be the real test of whether this roadshow converts to hard investment. The VGGS 2027 summit floor will be the moment of reckoning — and Gujarat has just sent out its most prominent calling card.