ILIGAN CITY— The Aboitiz Group met with Vietnamese President To Lam during his state visit to the Philippines, underscoring the strong alignment between Vietnam’s development priorities and the Group’s investments in energy, food security, and infrastructure.
The discussions focused on opportunities to support Vietnam’s continued economic expansion and strengthen regional competitiveness, particularly in sectors where Aboitiz has established capabilities and a growing presence.
President Lam also expressed support for deeper engagement between Vietnamese and Philippine businesses as both countries pursue shared development goals.
The meeting highlighted the increasingly important role of regional collaboration in strengthening economic resilience, improving supply chains, supporting growing populations, and expanding opportunities for trade, investment, and tourism between the Philippines and Vietnam.
“We believe the economic relationship between Vietnam and the Philippines has significant untapped potential, particularly in agriculture, food security, and sustainable development,” said Tristan Aboitiz, President and Chief Executive Officer of Aboitiz Foods. “We remain committed to supporting long-term cooperation, investment, and shared growth between our two countries," he further said.
Since 2014, Vietnam has been a key growth market for Aboitiz Foods through Pilmico’s acquisition of Vinh Hoan 1 Feed JSC. Most recently, the company strengthened its presence with a US$45 million feed mill in Long An Province capable of producing up to 300,000 metric tons of livestock and animal nutrition feed annually, reinforcing its commitment to supporting Vietnam’s food security and agricultural development.
Aboitiz’s investments in Vietnam reflect its long-term commitment to sectors that are central to the country’s development agenda.
In the energy sector, AboitizPower made its first major international investment through the acquisition of a 25 percent stake in Van Phong Power Company Limited, which owns and operates a 1,320-megawatt high-efficiency, low-emission coal-fired power plant in Khánh Hòa Province. The transaction is currently undergoing the required government approval process.
“We are keen to continue investing in Vietnam’s power sector. This will span coal, gas, and especially renewable energy as the country continues to require additional generation capacity to support economic growth,” said Sandro Aboitiz, Chief Financial Officer of AboitizPower.
Beyond energy and food security, Aboitiz InfraCapital is helping strengthen connectivity between the Philippines and Vietnam by expanding direct air links between Cebu and key Vietnamese cities, including Hanoi and Ho Chi Minh City, through Mactan-Cebu International Airport.
The award-winning airport forms part of Aboitiz InfraCapital’s growing portfolio, alongside Bohol-Panglao and Laguindingan International Airports.
“We hope to deepen partnerships with Vietnamese travel and tour enterprises so that we can bring more Vietnamese travelers to Cebu, Bohol, and Northern Mindanao, while also encouraging more Filipino travelers to visit Vietnam,” said Cosette Canilao, President and Chief Executive Officer of Aboitiz InfraCapital.
Through its investments in strategic industries, Aboitiz continues to advance opportunities for sustainable growth, regional integration, and shared prosperity in the Philippines, Vietnam, and across Southeast Asia.
