ANNUAL REPORT 2020

About the Company

Established in 1990, during the period when Vietnam opened its economy to welcome new breezes of opportunities and challenges, starting-up its business together with the nation, Gemadept chose a pioneering path, opening up new directions, new business when became the first enterprise to bring container services to Vietnam and connect maritime routes to bring Vietnamese products to people all over the world.

Gemadept's pioneer imprints in deploying container shipping services by sea, inland port operation - ICD, Mid-stream transport, refrigerated container services... have pushed up the country's maritime industry with new rhythms and lively breath.

1993 marked a new development chapter for Gemadept when the Company became one of the first three enterprises to be privatized. The next milestone was the official listing of Gemadept shares on the Vietnam stock market in 2002, just 2 years after the stock market was established.

With strong will and belief, Gemadept is always oriented to the ups and downs of the economy in the process of developing to realize its vision of becoming a leading enterprise in Vietnam in Port and Logistics integrated ecosystem. Nowadays, talking about Gemadept is talking about the most modern and large-scale Port and Logistics network located at the strategic locations of many provinces and cities in the country and other countries in the region. Even more proud when talking about Gemadept is talking about a reliable companion of domestic and foreign customers and partners.

In Port operation, Gemadept is the only listed company that owns and operates a system stretching from North to South with a chain of 8 Ports including Gemalink deep-sea Port with the leading scale in the country. Upon completion of investment in Gemalink Port (including 2 phases) and Nam Dinh Vu Port Complex (including 3 phases), Gemadept's total port operation capacity will be equivalent to 5 million Teus/year, meeting the market soaring demand, serving import-export as the free trade agreements (FTAs) with blocs and major countries have gradually become active and powerful levers for economic growth.

In Logistics, Gemadept owns and operates a system of modern distribution centers covering key economic regions, with a total area of hundreds of thousands of square meters, handling millions of tons of cargo per year. Currently, Gemadept is the only enterprise in the country that provides comprehensive supply chain management services and solutions with a Logistics network covering 6 different areas: Air cargo terminal, distribution centers, OOG cargo transport, shipping, cold-chain logistics & car logistics.

With its scale, capacity, brand reputation and growth results, Gemadept has been honored with many noble awards by prestigious domestic and foreign organizations. Specifically, in 2020, Gemadept continues to be honored by Forbes in the "Top 50 best listed companies in Vietnam", leading the list of "Top 10 prestigious companies in the transportation and logistics industry", "Top 10 leading brands in ASEAN". At the same time, with business results of continuous and stable growth, Gemadept has been honored for many years in the VNR500 - Top 500 largest enterprises in Vietnam, Top 1,000 enterprises paying the most taxes. The objective assessment from reputable organizations, experts, customers and partners is the important affirmation of the role and position of Gemadept in the market.

Entering 2021, the world continues to face the epidemic situation that is still raging in many places. Joining hands with the government to overcome the pandemic, Gemadept continues to actively and flexibly respond to the pandemic's developments; Maximize capacity of existing ports, ensure high utilization for Gemalink Port as planned; Promote revenue and profit growth by providing customers and partners with outstanding values of the integrated Port and Logistics chain; Develop cooperative relationships, synergize strength and develop together with strategic partners; Improve the quality of human resources; Continue to join hands to share with the community and society; Firmly develop towards the vision of becoming a leading corporation in Vietnam in Port and Logistics integrated ecosystem.