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Richmond Mercurio - The Philippine Star
June 2, 2026 | 12:00am
Aboitiz Group officials led by (from left) AboitizPower chief corporate services officer Carlos Aboitiz, AboitizPower chief financial officer Sandro Aboitiz, Aboitiz Foods president and CEO Tristan, Aboitiz InfraCapital president and CEO Cosette Canilao (2nd from right) and Aboitiz Equity Ventures chief corporate external affairs officer DJ Sta. Ana (right) met with Vietnamese president To Lam (4th from left) on the first day of his state visit to the Philippines.
STAR / File
MANILA, Philippines — The Aboitiz Group is exploring stronger cooperation on the sectors of energy, food security and infrastructure with Vietnam.
Aboitiz Group officials met with Vietnamese President To Lam during his state visit to the Philippines, with discussions focusing on opportunities to support Vietnam’s continued economic expansion and strengthen regional competitiveness.
At present, the group’s investments in Vietnam reflect its commitment to sectors that are central to the country’s long-term development agenda.
Aboitiz Foods president and CEO Tristan Aboitiz said the group believes that the economic relationship between Vietnam and the Philippines has significant untapped potential, particularly in agriculture, food security and sustainable development.
“We remain committed to supporting long-term cooperation, investment and shared growth between our two countries,” he said.
Through Aboitiz Foods, the group operates a $45-million feed mill in Long An Province that is equipped with modern facilities capable of producing 300,000 metric tons of animal nutrition feed annually.
In the energy sector, AboitizPower made its first major international investment through the acquisition of a 25-percent stake in Van Phong Power Co. Ltd, which owns an operational 1,320-megawatt coal-fired power plant in Khánh Hòa province.
AboitizPower chief financial officer Sandro Aboitiz said the company is keen to continue investing in Vietnam’s power sector as the country continues to require more energy generation given the demand for growth.
Beyond energy and food security, Aboitiz InfraCapital is also 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.
“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,” Aboitiz InfraCapital president and CEO Cosette Canilao said.
