The Aboitiz Group is ramping up its Vietnam expansion, leveraging investments in energy, food security, and infrastructure as economic ties between Manila and Hanoi gain momentum under a deepening bilateral partnership.
The conglomerate met with Vietnamese leader To Lam during his state visit to the Philippines, with discussions focusing on opportunities to support Vietnam’s rapid economic growth and strengthen regional competitiveness.
The meeting highlighted growing private-sector interest in Vietnam, one of Southeast Asia’s fastest-growing economies, and reflected broader efforts by both countries to boost trade, investment, tourism, and supply-chain resilience.
“We believe the economic relationship between Vietnam and the Philippines has significant untapped potential in agriculture, food security, and sustainable development,” said Tristan Aboitiz, chief executive officer of Aboitiz Foods.
Vietnam has been a strategic growth market for the Aboitiz Group since 2014, when Aboitiz Foods, through Pilmico, acquired Vinh Hoan 1 Feed JSC. The company recently expanded its footprint with a USD45-million feed mill in Long A province capable of producing 300,000 metric tons annually, reinforcing its position in the country’s livestock and food production sectors.
In energy, AboitizPower has made its biggest overseas move to date through a planned 25% stake in Van Phong Power Company Limited, owner of a 1,320-megawatt power plant in Khanh Hoa, subject to regulatory approval.
Meanwhile, Aboitiz InfraCapital is strengthening tourism and business links by expanding connectivity between Cebu and Vietnam through Mactan-Cebu International Airport.
The investments position the Aboitiz Group to benefit from Vietnam’s continued rise while advancing its strategy of building a regional presence in sectors critical to Southeast Asia’s long-term growth.
