Display Vocabulary (VID) From Selected Field
Answering my own question for future purposes:

&lt;?php


$vocabularies = taxonomy_get_vocabularies();
if ($vocabularies) {
  foreach($vocabularies as $vocabulary) {
    if ($vocabulary->vid == 1) {
      $terms = taxonomy_node_get_terms_by_vocabulary($node, $vocabulary->vid);
      if ($terms) {
        foreach ($terms as $term) {
          print $term->name;
        }
      }
    }
  }
}
?>

Did the trick.