Indian billionaire to visit Vietnam’s Ha Long Bay with 4,500 employees
Leading Vietnamese travel agency Vietravel will host a group of 4,500 tourists from India’s Sun Pharmaceutical Industries Group led by founder Dilip Shanghvi, from August 27 to September 7.
Dilip Shanghvi, founder of Sun Pharmaceutical Industries Group. Photo courtesy of Forbes India.
They will visit Ha Long Bay and Hanoi, Vietravel marketing director Nguyen Nguyet Van Khanh said Tuesday.
Khanh said this was the first time that the travel agency was handling such a large-scale tour. The group will be split into smaller ones during the visit, she added.
While the employees of Sun Pharmaceutical Industries Group are primarily from India, they will come to Vietnam from several countries. They are considered high-spending customers and arrangements for this trip were made two-three months in advance, Khanh said.
Shanghvi, 68, the group’s billionaire founder, will also join the tour. According to Forbes, he’s worth $28.7 billion and is the 69th richest person in the world.
A view of Ha Long Bay in Quang Ninh province, northern Vietnam. Photo courtesy of Vietnam News Agency.
The group’s itinerary covers major tourist destinations in the north including Hanoi, Ninh Binh province and Ha Long Bay (Quang Ninh province). The group has requested Vietravel to arrange accommodation in four- to five-star hotels, ensuring high standards of hygiene and safety in both lodging and dining.
Trang An Landscape Complex, a UNESCO cultural and natural heritage site in Ninh Binh, northern Vietnam. Photo courtesy of the province's news portal.
According to the Vietnam National Administration of Tourism, Vietnam welcomed over 392,000 Indian visitors in 2023, a 231% increase from 2019. In the first half of 2024 alone, the country welcomed 231,000 Indian visitors, a 164% increase compared to the same period in 2023.
These impressive statistics underscore the fact that India has become one of Vietnam’s top 10 international tourist markets for Vietnam. It also highlights the country’s growing popularity among Indian travelers.
The northern province of Ninh Binh is home to the UNESCO world cultural and natural heritage site Trang An Landscape Complex. Trang An is one of 12 coolest Asian film locations to visit, according to Travel + Leisure. The U.S. travel site credits the listing to the province being a filming location for the 2017 blockbuster “Kong: Skull Island.”
Around two hours to the east of Hanoi, Ha Long Bay, a UNESCO-recognized world heritage site, is famous for its cruise tours through the thousands of vegetation-covered islets and towering limestone karst mountains.
A Skyscanner report released in late 2023 shows that Indian tourists are most interested in visiting Da Nang, with the central coastal city topping their destination searches; and the capital city of Hanoi is another top 10 draw. Scotland-based Skycanner is one of the world's largest flight travel search platforms.
Hanoi, home to UNESCO heritage site Thang Long Imperial Citadel and ancient pagodas as well as historical relics, came fifth on the list with a 396% search increase year-on-year after Japan’s Osaka (435%).
- Read More
Maersk eyes building major container ports in Vietnam
A.P.Moller - Maersk (Maersk) is exploring investment opportunities to develop large, modern and low-carbon container ports in Vietnam.
Infrastructure - Wed, November 19, 2025 | 4:36 pm GMT+7
Taiwan semiconductor giant Panjit acquires 95% of Japan-based Torex’s Vietnam arm
Panjit International Inc, a Taiwan-listed semiconductor major, has approved the acquisition of a 95% stake in Torex Vietnam Semiconductor, a subsidiary of Japan-based Torex.
Companies - Wed, November 19, 2025 | 3:59 pm GMT+7
Vietnam PM urges Kuwait Petroleum to expand Nghi Son refinery, build bonded fuel storage facility
Prime Minister Pham Minh Chinh on Tuesday called on Kuwait Petroleum Corporation (KPC) to expand the Nghi Son oil refinery and build a bonded fuel storage facility in Vietnam.
Industries - Wed, November 19, 2025 | 3:18 pm GMT+7
Southern Vietnam port establishes strategic partnership with Japan’s Port of Kobe
Long An International Port in Vietnam’s southern province of Tay Ninh and Japan’s Port of Kobe on Monday signed an MoU establishing a strategic port partnership which is expected to boost trade flows, cut logistics costs, and deliver greater benefits to businesses across the region.
Companies - Wed, November 19, 2025 | 10:14 am GMT+7
Thaco's agri arm seeks to expand $44 mln cattle project in central Vietnam
Truong Hai Agriculture JSC (Thaco Agri), the agriculture arm of conglomerate Thaco, looks to aggressively expand its flagship cattle farming project in the central Vietnam province of Gia Lai.
Industries - Wed, November 19, 2025 | 9:56 am GMT+7
Japan food major Acecook eyes new plant in southern Vietnam
Acecook, a leading instant noodle maker with 13 plants operating in Vietnam, is studying a new project in the southern province of Tay Ninh.
Industries - Wed, November 19, 2025 | 9:39 am GMT+7
Vietnam’s largest Aeon Mall to take shape in Dong Nai province
Authorities of Dong Nai province, a manufacturing hub in southern Vietnam, on Monday awarded an investment registration certificate to Japanese-invested Aeon Mall Vietnam Co., Ltd. for its Aeon Mall Bien Hoa project.
Industries - Tue, November 18, 2025 | 8:17 pm GMT+7
Police propose prosecuting Egroup CEO Nguyen Ngoc Thuy for fraud, bribery
Vietnam’s Ministry of Public Security has proposed prosecuting Nguyen Ngoc Thuy, chairman and CEO of Hanoi-based education group Egroup, along with 28 others, for fraud to appropriate property, giving bribes, and receiving bribes.
Society - Tue, November 18, 2025 | 4:01 pm GMT+7
Singapore-backed VSIP eyes large urban-industrial complex in southern Vietnam
A consortium involving VSIP, a joint venture between local developer Becamex IDC and Singapore’s Sembcorp, plans a large-scale urban-industrial development named the "Moc Bai Xuyen A complex along the Tay Ninh-Binh Duong economic corridor in southern Vietnam.
Industrial real estate - Tue, November 18, 2025 | 2:38 pm GMT+7
Aircraft maintenance giant Haeco to set up $360 mln complex in northern Vietnam
Hong Kong-based Haeco Group, Vietnam's Sun Group, and some other partners plan to invest $360 million in an aircraft maintenance, repair and overhaul (MRO) complex at Van Don International Airport in Quang Ninh province - home to UNESCO-recognized natural heritage site Ha Long Bay.
Industries - Tue, November 18, 2025 | 2:13 pm GMT+7
Thai firm opens 20,000-sqm shopping center in central Vietnam hub
MM Mega Market Vietnam (MMVN), a subsidiary of Thailand's TCC Group, on Monday opened its MM Supercenter Danang, a 20,000 sqm commercial complex with total investment capital of $20 million, in Danang city.
Real Estate - Tue, November 18, 2025 | 12:20 pm GMT+7
Vietnam PM asks Kuwait fund to expand investment in manufacturing, logistics, renewable energy
Prime Minister Pham Minh Chinh on Monday called on the Kuwait Fund for Arab Economic Development (KFAED) to strengthen cooperation with Vietnam, particularly in the areas of industrial production, logistics, renewable energy, green economy, and the Halal ecosystem.
Economy - Tue, November 18, 2025 | 11:53 am GMT+7
Thai dairy brand Betagen to build first plant in Vietnam
Betagen, a famous Thai dairy brand, plans to build its first manufacturing plant in Vietnam, located in the southern province of Dong Nai.
Industries - Tue, November 18, 2025 | 8:49 am GMT+7
Banks dominate Vietnam's Q3 earnings season, Novaland posts biggest loss
Banks accounted for more than half of the 20 most profitable listed companies in Vietnam’s Q3/2025 earnings season, while property developer Novaland recorded the largest loss.
Finance - Tue, November 18, 2025 | 8:24 am GMT+7
Highlands Coffee posts strongest quarterly earnings in 2 years on robust same-store sales
Highlands Coffee, Vietnam’s largest coffee chain, delivered its best quarterly performance in two years, with Q3 EBITDA exceeding PHP666 million ($11.27 million), parent company Jollibee Foods Corporation (JFC) said in its latest earnings report.
Companies - Mon, November 17, 2025 | 10:21 pm GMT+7
Hong Kong firm Dynamic Invest Group acquires 5% stake in Vingroup-backed VinEnergo
VinEnergo, an energy company backed by Vingroup chairman Pham Nhat Vuong, has added a new foreign shareholder after Hong Kong–based Dynamic Invest Group Ltd. acquired a 5% stake, according to a regulatory filing on Saturday.
Companies - Mon, November 17, 2025 | 9:52 pm GMT+7




















