(ĐTCK) Gemadept (HOSE: GMD) has been a pioneering company, partnering and developing alongside Vietnam’s economy for 35 years since the country’s reunification.
Gemadept’s remarkable milestones, like opening the container industry in 1990, its pilot equitization in 1993, inaugurating the first inland container depot (ICD) in 1995, investing in Vietnam’s first modern air cargo terminal in 2010, and developing the largest deep-sea port in Vietnam in 2021, have all actively contributed to the nation’s overall development. These achievements affirm the Company’s solid position and steadfast resolve as a leading port and logistics enterprise in Vietnam. Amidst a volatile global landscape marked by conflicts and supply chain disruptions, Gemadept has not only demonstrated its flexible adaptability and proactive approach to overcoming challenges but has also maintained growth, creating momentum for strong future development.
Resilient Spirit – Grounded in Inner Strength
Gemadept’s position was built on 35 years of pioneering experience, closely associated with important changes in the economy. Right from the early days of the country’s opening, the Company made a strong impression by becoming the pioneer in bringing the model of specialized container transportation and modern logistics methods to Vietnam, at a time when these concepts were still quite new. It was the bold investment and pioneering application of new management models and technologies that contributed to laying the foundation for professionalization and enhancing the competitiveness of the entire logistics industry.
In 2002, with the stock market having operated for only two years, Gemadept joined the ranks of the first listed enterprises. The journey of more than two decades of listing not only marked the steadfast companionship with the market, but also demonstrated a continually growing enterprise, always committed to high governance standards and transparency. This commitment has created a promising future for shareholders and investors and contributed to promoting economic flows.
Gemadept’s rich history and strong governance foundation have created an inherent strength, enabling the company to steadily navigate through challenging market periods, particularly the recent trade tensions and US tariff policies.
Flexible adaptability, resource optimization, advanced management vision, continuous process improvement, and the pursuit of sustainable development goals, combined with the application of smart technology (Smart Port, Smart Gate, modern TOS systems, and AI application research, enhanced digital transformation), have become key to helping the Company maintain stable production and business operations. This fact is recognized by the market through the long-term growth in GMD stock value and impressive recovery after market shocks related to the new US tariff policy. This is a testament to investors’ confidence in the Company’s capacity and strategic vision.
A strong foundational mindset also stems from a commitment to excellent corporate governance and a sustainable development orientation. The inclusion of GMD shares in the MSCI Frontier Market Index, its consistent ranking among the Top 50 Best Listed Companies, Top 10 Most Reputable Logistics Companies, being in the Top 50 Best Corporate Governance Practices in Vietnam (VNCG50), along with being honored by Forbes Asia for two consecutive years, are all significant recognitions from both domestic and international communities.
In addition, proactive implementation of ESG standards is increasingly a competitive advantage. This not only helps enhance reputation and attract responsible investment capital, but is also a key factor in ensuring long-term sustainable development, contributing to the goal of upgrading the Vietnamese stock market.
Nam Đinh Vu – The biggest port cluster in the Northern Vietnam
Navigating National-Scale Projects
On a solid foundation, Gemadept continues to sustain growth, demonstrated through impressive financial indicators and specific business plans. Gemadept is currently focusing on two large-scale seaport projects – the foundation for future development.
In the North, Nam Dinh Vu Port Cluster Phase 3 is expected to complete construction and become operational in Q4 2025. This will increase its capacity by 50%, bringing the project’s total capacity to over 2 million TEU per year. Once operational, the port will be able to simultaneously accommodate seven feeder vessels for cargo handling.
Thanks to advanced operational technology, a strategic location, and the advantages of the Ha Nam Canal (which can receive vessels up to 50,000 DWT), Nam Dinh Vu Port Cluster Phase 3 is anticipated to significantly boost trade flow and operational output in the Northern region.
In the South, Gemalink Deep-Sea Port Phase 2A at Cai Mep – Thi Vai, with an investment of nearly $200 million USD, is expected to add 900,000 TEU/year in capacity by mid-2027. This expansion will anticipate the surge in cargo growth through this region, which serves as a crucial import-export gateway directly connecting to major markets like the US, Europe, and the entire Intra-Asia region. The project will not only double the Port’s capacity but also enhance its ability to serve major shipping alliances, thereby strengthening Vietnam’s role on the international maritime map.
These projects, together with the integrated port-logistics ecosystem, service chains and concentric projects, technology application and digitalization promotion are creating a solid foundation for Gemadept to realize its vision by 2030, becoming the leading port operator and integrated logistics solution provider in the region.
Faced with fluctuations in the global supply chain, Gemadept not only adapts but also creates opportunities from challenges. One of the prominent strategies is Sustainable Development (ESG), using green ports and environmentally friendly logistics solutions as competitive advantages to attract customers and large investors.
Most recently, in late May 2025, Gemadept and CMA CGM Group (France) signed a cooperation agreement to implement Vietnam’s first 100% electric container barge solution. This initiative contributes to realizing the goal of green logistics, aiming for Net Zero by 2050, while also affirming Gemadept’s pioneering role in high-tech application and international cooperation. Through this, the Company not only enhances operational efficiency but also makes a practical contribution to improving national competitiveness, aligning with economic development policies.
Together with the Nation, into a new Era
In 2025, amidst the celebratory atmosphere of the 50th anniversary of the Liberation of the South, the 70th anniversary of the Liberation of Hai Phong, and the 80th anniversary of Vietnam’s National Day, Gemadept celebrates 35 years of accompanying the country’s development.
Even if the future holds significant and unpredictable global fluctuations, and the global logistics industry faces the dual challenge of resolving emergencies while responding to long-term instability, Gemadept will continue its journey. With its solid foundation, clear growth strategy, flexible adaptability, and the unwavering support of shareholders, customers, partners, and regulatory bodies, Gemadept will deliver sustainable value to all stakeholders and make practical contributions to the prosperity of Vietnam’s economy.
