HO CHI MINH CITY, VIETNAM -
Media OutReach Newswire
- 21 May 2026 - Vietnam International Financial Center in Ho Chi Minh
City (VIFC-HCMC), in collaboration with Gemadept Corporation and the Ho
Chi Minh City Institute for Development Studies, today hosted a
high-level forum to officially launch the
International Maritime Financial Ecosystem (IMFE) — one of the four strategic pillars of VIFC-HCMC.
The forum, themed
"Developing the International Maritime Financial Ecosystem within the
Vietnam International Financial Center in Ho Chi Minh City," took
place at the VIFC-HCMC Building, 08 Nguyen Hue Street, District 1, and
drew more than 100 senior delegates. Attendees included leaders from
central ministries and agencies, the Ho Chi Minh City People's
Committee, representatives from coastal provinces (Da Nang, Khanh Hoa,
Kien Giang), domestic and international financial institutions, port and
logistics enterprises, and international organisations.
The day's agenda focused on three headline moments: a strategic industry report by Roland Berger, titled
"Vietnam Maritime Industry: A Strategic Opportunity for Breakthrough Growth,"
which benchmarked leading global maritime financial hubs and mapped a
roadmap to raise Vietnam's domestic value retention from the current
4–5% to 15% by 2035; the official launch ceremony of the IMFE initiative
within VIFC-HCMC; and a memorandum of understanding signed between
VIFC-HCMC and Gemadept Corporation, owner and operator of Gemalink
International Port in Cai Mep – Thi Vai, formalising Gemadept's role as a
founding lead of the initiative. The forum also saw the introduction of
the first maritime financial products and initiatives to be developed
within the VIFC-HCMC framework.
A seaport system of growing global weight
The ambition behind IMFE is grounded in the rapid rise of southern
Vietnam's port infrastructure. Ho Chi Minh City is home to Cat Lai Port —
ranked among the world's top 21, handling approximately 7.5 million
TEUs annually — and Gemalink International Port in Cai Mep – Thi Vai,
capable of receiving ultra-large container vessels. These existing
assets are set to be joined by the Can Gio International Transshipment
Port, a 571-hectare project with a projected capacity of 17 million TEUs
per year, further deepening the city's integration into global
logistics and trade networks.
In 2025, the Ho Chi Minh City port system handled over 24 million TEUs,
ranking 8th globally according to Lloyd's List, and was associated with
approximately USD 200 billion in import-export turnover, accounting for
around 20% of Vietnam's total trade value. Surrounding this physical
infrastructure, a broad ecosystem of supporting services has expanded
significantly, spanning cargo handling, warehousing, freight forwarding,
customs clearance, and supply chain management. The total annual trade
transaction value flowing through the region — encompassing goods,
logistics services, and related financial demand - is estimated at over
USD 1 trillion.
The financial gap: billions flowing through offshore centers
However, the scale of this physical activity stands in sharp contrast to
the financial value Vietnam currently retains. Despite enormous cargo
volumes, most high-value maritime financial services generating the
largest profit margin including trade finance, ship financing, marine
insurance and reinsurance, international payments, and logistics risk
management continue to flow through developed offshore maritime
financial centers. Vietnam currently captures only around 4–5% of these
financial transaction values domestically, leaving an estimated USD 6–8
billion in potential value accessible but unrealised. To complete the
maritime value chain and retain these economic benefits onshore, Vietnam
must evolve beyond purely physical cargo transshipment. The gradual
development of a comprehensive maritime financial ecosystem is an
essential and inevitable strategic step.
IMFE: from vision to institutional launch
Against this backdrop, the IMFE initiative took shape as a core
component of VIFC-HCMC, with Gemadept Corporation serving as a founding
lead. The initiative was first introduced on September 12, 2025, during
the symposium
"Ho Chi Minh City – A Modern, High-End, High-Value Service Hub,"
where Gemadept presented a strategic vision of integrating Vietnam's
deep-sea port infrastructure with a dedicated maritime financial
ecosystem. To materialise that vision, the corporation cooperates with
the Ho Chi Minh City People's Committee, leading to its official
designation as a Strategic Member of VIFC-HCMC on February 11, 2026, at
the Center's Launching Ceremony. Today, as the operator of Gemalink — a
major deep-sea gateway at Cai Mep – Thi Vai — Gemadept is focused on
channeling high-value capital flows and advanced financial services
directly into Ho Chi Minh City's real maritime economy.
With this foundation in place, today's forum pursues three concrete
objectives: to officially launch the IMFE as a strategic platform
designed to localise maritime financial capital and services, laying the
groundwork for Ho Chi Minh City to emerge as one of the region's
leading maritime hubs; to connect financial institutions, banks,
insurance companies, shipping lines, logistics enterprises, and
international organisations within an integrated ecosystem, bringing the
port-to-finance model to life in Vietnam; and to introduce the first
maritime financial products and initiatives, creating mechanisms for
Vietnamese enterprises to access financing, insurance, and risk
management tools domestically rather than through foreign
intermediaries.
"Ports such as Can Gio and Cai Mep-Thi Vai are transshipment hubs for
cargo flows — VIFC-HCMC must become the transshipment hub for capital
flows serving Vietnam's maritime economy," said
Assoc. Prof. Dr. Nguyen Huu Huan, Vice Chairman of VIFC-HCMC.