05 Jun 2026

Aboitiz, Vietnam discuss stronger cooperation in energy, food security and infrastructure

Aboitiz’s investments in Vietnam reflect its commitment to sectors that are central to the country’s long-term development agenda.

aviNews Asia

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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.

Aboitiz Group officials led by (from left) AboitizPower Chief Corporate Services Officer Carlos Aboitiz (1st), AboitizPower CFO Sandro Aboitiz (2nd), Aboitiz Foods President and CEO Tristan Aboitiz (3rd), Aboitiz InfraCapital President and CEO Cosette Canilao (5th), and Aboitiz Equity Ventures Chief Corporate External Affairs Officer DJ Sta. Ana (6th) met with Vietnamese President To Lam (4th) on the first day of his state visit to the Philippines.

“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, Aboitiz Foods President and CEO.

“We remain committed to supporting long-term cooperation, investment, and shared growth between our two countries.”

Aboitiz’s investments in Vietnam reflect its commitment to sectors that are central to the country’s long-term development agenda.

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Through Aboitiz Foods, the Group operates a USD45-million feed mill in Long An province, equipped with modern facilities capable of producing 300,000 tons of animal nutrition feed annually.

In the energy sector, AboitizPower made its first major international investment through the acquisition of a 25% stake in Van Phong Power Company Limited, which owns an operational 1,320 megawatt high-efficiency, low-emission coal-fired power plant in Khánh Hòa province. It is currently undergoing the mandatory process of securing government approval.

“We are keen to continue investing in Vietnam’s power sector. This will span both more coal power investments, gas, and especially renewable energy as your country continues to require more energy generation given the demand for growth,” said Sandro Aboitiz, AboitizPower CFO.

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 the Mactan-Cebu International Airport.

The award-winning Mactan-Cebu International Airport forms part of Aboitiz InfraCapital’s growing airport portfolio, joining 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 into Cebu, Bohol, and Northern Mindanao and likewise more Filipino travelers into Vietnam,” said Cosette Canilao, Aboitiz InfraCapital President and CEO.

Through its investments in strategic industries, Aboitiz is advancing opportunities for sustainable growth and shared prosperity in the Philippines and beyond.

About Aboitiz Equity Ventures (AEV)

Aboitiz Equity Ventures (AEV) is a leading Philippine conglomerate with over 100 years of business history and major investments in power, banking, food, infrastructure, land, and data science.

Recognized for its strong corporate governance and sustainability efforts, AEV was named among the 2025 Asia-Pacific Best Companies, 2024 World’s Best Companies by Time Magazine, and one of Southeast Asia’s top performers by Fortune Southeast Asia 500.

On its transformative journey to becoming the Philippines’ first Techglomerate, AEV is committed to advancing business and communities through its ESG-driven initiatives, including the #OneAboitizSustainability Synergy model. AEV actively contributes to the UN Sustainable Development Goals, fostering positive regional change.

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