In the first quarter review of 2025 (announced in the early morning of May 14, 2025, Vietnam time), the MSCI Frontier Market Index basket added 2 and removed 1 stock code from Vietnam. Specifically, the MSCI Frontier Market Index added 12 and removed 3 stocks in its basket. Vietnam contributed 2 new representatives, Gemadept (HOSE: GMD) and TPBank (HOSE: TPB).
The MSCI Frontier Markets Investable Market Index (IMI) is a global stock index maintained by Morgan Stanley Capital International (MSCI), used to measure the performance of stock markets worldwide. Across the entire market, the MSCI Frontier Market Index added 12 codes and removed 3 codes, increasing the total number of stocks in the basket to 234.
As of April 30, 2025, Vietnam continued to hold the leading position in terms of weighting within the MSCI Frontier Market Index basket, accounting for over 23%. The following positions were held by Morocco with nearly 14.9% and Romania with over 12.3%, respectively.
As a leading enterprise in Vietnam’s Ports and Logistics industry, with a solid foundation built and developed over 35 years, Gemadept’s stock being included in the MSCI Frontier Market Index indicates the Company has successfully met the criteria for capitalization, liquidity, long-term growth, and the ability to attract foreign investors.
Business results in 2024 exceeded planned targets for both revenue and profit. This, combined with positive business results in the first quarter of 2025 – despite market fluctuations and new tariff barriers – reflects Gemadept’s strong internal strength, flexible adaptability, and development potential.
In 2025, Gemadept continues to accelerate the progress of port expansion projects, increasing operating capacity with the Nam Dinh Vu Port cluster phase 3, which is expected to be operational from October 2025, and the Gemalink Deep-sea Port phase 2A, which is planned to commence construction this year. Gemadept is actively seeking opportunities to further invest in its core business to enrich the Company’s Port and Logistics ecosystem, participate in national projects, develop green and smart Ports and Logistics, expand international cooperation, and enhance Vietnam’s role in the global value chain.
Gemadept’s participation in the MSCI Frontier Market Index not only affirms Vietnam’s position in the global market but also showcases the growth potential of Vietnamese enterprises. Gemadept, in particular, stands out as a leading representative for the Port and Logistics industry.
