The Aboitiz Group has reaffirmed its commitment to supporting Vietnam’s development ambitions through investments in energy, food security, and infrastructure following a meeting with Vietnamese President To Lam during his state visit to the Philippines.
The discussions highlighted growing opportunities for cooperation between the Philippines and Vietnam as both countries seek to strengthen economic resilience, improve connectivity, and support long-term growth across Southeast Asia.
For Aboitiz, Vietnam continues to be an important market where the group has steadily expanded its presence over the past decade.
Strengthening Economic Ties Between the Philippines and Vietnam
The meeting underscored the strong alignment between Vietnam’s development priorities and Aboitiz’s investments in strategic industries.
President To Lam expressed support for deeper engagement between Vietnamese and Philippine businesses as both countries pursue shared economic goals. Discussions focused on how stronger partnerships can contribute to trade, investment, tourism, and supply chain development.
As ASEAN economies continue to grow, cross-border collaboration is becoming increasingly important in supporting sustainable development and regional competitiveness.
Expanding Support for Food Security
Food security remains one of Aboitiz’s largest areas of investment in Vietnam through Aboitiz Foods.
The company first entered the market in 2014 through Pilmico’s acquisition of Vinh Hoan 1 Feed JSC. More recently, it strengthened its presence with a US$45 million feed mill in Long An Province.
The facility is capable of producing up to 300,000 metric tons of livestock and animal nutrition feed annually, supporting Vietnam’s agricultural sector and growing food production needs.
According to Aboitiz Foods President and CEO Tristan Aboitiz, there remains significant untapped potential for cooperation between the Philippines and Vietnam, particularly in agriculture, food security, and sustainable development.
Looking at Future Energy Investments
Energy was another key area discussed during the meeting.
AboitizPower recently announced its first major international investment through the acquisition of a 25 percent stake in Van Phong Power Company Limited, which owns a 1,320-megawatt power plant in Khánh Hòa Province. The transaction is currently undergoing the required government approval process.
The company also expressed interest in exploring additional opportunities across coal, gas, and renewable energy as Vietnam continues to expand its power generation capacity to support economic growth.
Vietnam’s rising energy demand has created significant opportunities for both local and international investors as the country balances industrial expansion with long-term sustainability goals.
Improving Connectivity Across the Region
Beyond energy and agriculture, Aboitiz is also helping strengthen travel and tourism links between the Philippines and Vietnam.
Through Aboitiz InfraCapital, the group is working to expand direct air connectivity between Cebu and major Vietnamese cities including Hanoi and Ho Chi Minh City via Mactan-Cebu International Airport.
The initiative aims to support tourism growth while creating more opportunities for business travel and people-to-people exchanges between the two countries.
Aboitiz InfraCapital President and CEO Cosette Canilao said the company hopes to deepen partnerships with Vietnamese travel operators to encourage more visitors in both directions.
Supporting Long-Term Regional Growth
The meeting reflects a broader trend of increasing economic cooperation within ASEAN as businesses seek new opportunities beyond their domestic markets.
Investments in food security, energy infrastructure, and connectivity are becoming increasingly important as Southeast Asian economies continue to expand and urbanise.
For both the Philippines and Vietnam, stronger business partnerships could help unlock new opportunities for growth while supporting shared development goals across the region.
Follow Developments in ASEAN Growth and Investment
As economic ties between Southeast Asian nations continue to deepen, investments in strategic sectors are shaping the region’s future. From infrastructure and energy to food security and trade, these partnerships play an important role in driving sustainable growth.
Learn more about the latest developments across Asia at https://riseasia.com.
Looking Ahead
The discussions between Aboitiz and Vietnamese President To Lam highlight the growing importance of regional cooperation in supporting economic development.
With investments spanning food production, power generation, and transport connectivity, Aboitiz continues to expand its role in sectors that are critical to Vietnam’s long-term growth while strengthening ties between two of Southeast Asia’s fastest-growing economies.
FAQs
1. Why is Vietnam important to Aboitiz?
Vietnam is one of Aboitiz’s key international markets, with investments in food production, energy, and infrastructure.
2. What is Aboitiz's latest investment in Vietnam?
Aboitiz Foods recently invested US$45 million in a feed mill in Long An Province capable of producing 300,000 metric tons of animal nutrition feed annually.
3. What sectors were discussed during the meeting?
The discussions focused on energy, food security, infrastructure, tourism connectivity, and broader economic cooperation between the Philippines and Vietnam.
