On February 27, 2024, Gemadept Corporation (HoSE: GMD) attended the Vietnam Access Day 2024 (VAD 2024) organized by Vietcap Securities Joint Stock Company (Vietcap).
VAD 2024 is an annual event attracting the participation of hundreds of domestic and international investors, along with leading listed businesses in Vietnam. The event creates a bridge between listed businesses and domestic and foreign investors and financial institutions. This allows the parties to meet and discuss business activities, update the market and industry situation, and seek new cooperation and investment opportunities.
The world economic situation remains volatile due to the impact of the war between Ukraine and Russia, political instability in the Middle East, and, most recently, the attacks in the Red Sea region. This creates a huge negative impact on the global supply chain and the world economy. Overcoming difficulties and challenges of the world, the region, and the industry, with steadfastness in direction, proactiveness, flexibility, and determination in management, Gemadept continuously improves processes, enhances labor productivity, and actively builds technology solutions to improve service quality, all while working side by side with customers and partners.
At VAD 2024, Gemadept attracted the attention of many investors with an updated presentation on the business results in 2023 and the development orientation in 2024 and beyond. Gemadept's representatives openly communicated and answered investors' questions, demonstrating information transparency and commitment to accompanying shareholders and investors.
Investors were especially impressed by Gemadept's development strategy, which includes key projects across the country: Phase 3 of Nam Dinh Vu Port Cluster, the Upgrading Ha Nam Canal Project in Hai Phong, and Phase 2 of Gemalink Deep-sea Port. Once put into operation, these projects will strengthen Gemadept's position and scale in the Vietnamese market, and enhance the company's capacity to manage the Port and Logistics ecosystem.
As part of the VAD 2024 activities, the investor group toured Gemalink Deep-sea Port in Ba Ria-Vung Tau province. There, Gemalink Port representatives showcased the Port's operations and provided updates on its achievements. In 2023, Gemalink Deep-sea Port made significant strides by welcoming some of the world's largest and most advanced mother vessels, with capacities exceeding 24,000 TEU.
Through VAD 2024, Gemadept actively gathers and responds to the concerns and needs of shareholders, investors, and other stakeholders. The Company continues to demonstrate its leadership in Vietnam's Port and Logistics industry and its position as a reliable partner for domestic and foreign investors.
