Opening the first shipping services connecting Vietnam with the world, promoting the cargo flow like alluvial streams enriching the country's economy - that is Gemadept Corporation, stock code of GMD on Vietnam's stock market.
 
30 years affirming a brand

30 years of a pioneer in innovation, from a start-up without land or premises, Gemadept has opened the way into the industries of inland and intra-Asia container shipping, shipping agency, Inland Clearance Depot (ICD), midstream operation, reefer container services, etc.

Success followed success when Gemadept becomes the leading enterprise to efficiently operate a comprehensive Logistics supply chain in the fields of air-cargo terminal, distribution centers, OOG cargo transport, shipping, cold chain Logistics and automotive Logistics.

With the strengths in infrastructure, technology, optimal solutions and continuously improved service quality, Gemadept is considered the leading Logistics company in the domestic market.

Seaports are important gateways for import and export cargo, contributing to the development of the country's economy.
 
For Gemadept, the Company owns and operates a system of 8 modern ports from North to South, in big cities and key economic zones, including Gemalink deep-sea port with the largest scale in the country.

Each year, Gemadept's port system welcomes millions of containers of import and export cargo, playing an important role in connecting trades between Vietnam and other countries in the world.
 
Pioneer in developing Smart Ports and Smart Logistics

The year 2020 witnesses a historical event known as the Covid-19 pandemic, causing unpredictable disturbances to the living, society and the global economy, placing the business community before  unprecedented risks and challenges.

In such a situation, Gemadept has quickly responded with a series of specific guidelines and actions to ensure the Company’s safety and provide maximum supports to customers and partners.

In August 2020, Gemadept officially put into operation the Customer Services Center and the Web Portal dedicated for Port, ICD and Logistics for the first time in Hai Phong.

This is a new step forward in Gemadept's efforts aiming at optimizing the integrated Port-Logistics supply chain, diversifying services, unifying policies and providing excellent service quality to customers.

Along with the momentum of the Industrial revolution 4.0, Gemadept has marked its pioneership in developing high-tech projects, including Smart Port and Smart Logistics project, replicating the Green port model for the whole system, etc.

Identifying human resources as the main factor promoting sustainable development, the key to success in every strategic step forward, Gemadept always focuses on developing human resources with high professionalism, working skills, dedication to the Company and customers and with the spirit of Gemadept’s culture.

In terms of business performance, in 2020, Gemadept was honored by Forbes for the 4th time among the Top 50 best-listed companies in Vietnam, representing Logistics industry.

Gemadept has been, for many years, in the Top 500 largest enterprises in Vietnam, Top 50 Companies with best business performance and IR activities in the whole market, etc.

The recognition and appreciation of prestigious local and foreign organizations have affirmed Gemadept's role and credibility in the eyes of the community of investors, shareholders as well as Gemadept’s significant contributions to the economy.

Not only focusing on business activities, Gemadept always associates business efficiency with sustainable values bringing to the community and the society.

Charity programs have become regular activities of the Company.

Visits to centers for nurturing elders, orphans, disabled and mental patients; gratitude activities; support to people suffering from natural disasters, soldiers on remote islands… have reinforced Gemadept’s humane tradition as well as the spirit of caring, sharing and of responsibility towards the community.

Nonstop innovation, heading to the future

The year 2020 is more challenging, but it also creates more opportunities for a new development path, with higher goals for Gemadept.

The free trade agreements such as CPTPP and EVFTA are in full force, opening new opportunities for the economy as well as for the business community.

Gemadept, with the determination of always changing to be the best, has prepared itself before the new race.    

That attitude is firmly reinforced by Gemadept on the foundation of large-scale projects under development.

Among which is Gemalink International Port, a joint venture between Gemadept and the world's leading shipping company CMA-CGM.

The project is the pride of the Vietnamese people when it becomes one of the Top 19 commercial ports in the world that can receive the currently largest vessel size, up to 200,000 DWT, and it is also one of the most important transshipment hubs in Southeast Asia.

Along with Gemadept's existing port network, with high capacity and utilization, Gemalink deep-sea port, when put into operation, will double Gemadept's port capacity and becomes a reliable choice for leading shipping lines on their maritime maps, as well as for the import and export enterprises in Southeast Asia.

Gemalink, the country's largest deep-sea port, strategically located at the mouth of the Cai Mep River in Ba Ria - Vung Tau, test run by end of 2020 and official operation in early 2021, is a meaningful gift to Gemadept's customers and partners on the occasion the Company’s 30th anniversary.

In the Logistics sector, Gemadept continues to meet the needs of customers, launching new services, including comprehensive logistics solution consultation, optimizing the design of businesses’ supply chain, thereby supporting businesses to reduce logistics costs and improve their competitiveness in the market.

Overcoming the challenges of the Covid-19 pandemic, in the first 7 months of 2020, Gemadept has fulfilled 65% of the revenue plan and 70% of the pre-tax profit plan.

In the following months of the year, Gemadept is determined to complete its business plan, creating a momentum for further development in the next 5-year journey.

Difficulties and challenges always come with opportunities. Never before has the door for trading with the region and the world widely opened as it is now.

Synergizing strengths in both Port and Logistics sectors, Gemadept affirms its mission to be the leading enterprise in Vietnam in Port operation and Logistics, heading towards the future with the bright spirit of entrepreneurship.

Gemadept’s Management is confident to continue accompanying esteemed shareholders, customers, partners and the business community to contribute to the country’s development.

Source:  

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