On December 17, 2024, in Hanoi, Gemadept Corporation and Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) jointly signed a Memorandum of Understanding on Comprehensive Strategic Cooperation, marking a significant milestone, elevating the bilateral cooperative relationship between the two leading enterprises in Port - Logistics and banking finance in Vietnam.

Throughout its journey of development, Gemadept is proud to have created an integrated, diverse and widespread port and logistics ecosystem stretching from North to South, becoming an important driving force to promote domestic and international trade. Overcoming challenges and fluctuations from the market, Gemadept has always maintained stable and sustainable development, in parallel with the growth rate of import and export goods of the whole country. To continue to bring superior services and the best added value to customers and partners on its new development journey, Gemadept signed a Memorandum of Understanding on Comprehensive Strategic Cooperation with BIDV Bank, the oldest and largest financial institution in Vietnam, on December 17, 2024.

With similarities in scale, mission and development orientation, the enhancement of the Strategic Cooperation between Gemadept and BIDV is meaningful and pioneering in the industry. This marks a key milestone for both companies: Gemadept's first strategic cooperation agreement with a credit institution, and BIDV's inaugural comprehensive partnership in the port and logistics sector. This collaboration is poised to unlock new opportunities for both companies, facilitating access to flexible and superior financial solutions for Gemadept, its clients, and partners, as well as for BIDV's customer base. This mutually beneficial partnership promises to yield significant advantages for all involved.

Following the signing ceremony, both parties will establish project subcommittees to implement the plans concurrently. The guiding principle for all decisions and actions will be: Sustainability - Substance - Comprehensiveness – Efficiency. Gemadept's ultimate goal is to continuously bring customers and partners integrated products and diversified, optimal and effective financial services.

On the development journey of Gemadept, the crucial support and cooperation of large, prestigious partners who share the same national mission are essential. Gemadept has been and will continue to affirm its position, expand its cooperative relationships with domestic and foreign partners, and continuously improve the Port - Logistics ecosystem. And further, Gemadept aims to actively contribute to the sustainable and prosperous development of the national economy, while gradually increasing the value of the regional and global supply chain.