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Vietnam’s International Financial Center Launches Maritime Financial Ecosystem to Capture USD Billions Flowing Offshore
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.
Hashtag: #VIFC
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TECSUN SCIENCE & TECHNOLOGY CO.,LTD. Partners with QingCloud Technologies Corp. to Forge New Engine for AI-Powered Livelihood Services
As a full-stack self-developed provider of enterprise-grade AI infrastructure (AI Infra) and solutions, QingCloud Technologies Corp. deeply understands enterprise demands and implementation scenarios, and has built end-to-end digital and intelligent solutions. With deep roots in livelihood services, TECSUN SCIENCE & TECHNOLOGY CO.,LTD. boasts integrated capabilities of “Data + Algorithms + Scenarios”, self-developed innovations such as government affairs large models and AI-powered employment services, as well as profound industry customer resources and operational experience. Oriented by solution collaboration, the two parties will combine TECSUN’s scenario-based intelligent applications with QingCloud’s private cloud, information technology application innovation cloud, intelligent computing platform and MaaS services to form solid technological synergy.
Focusing on core sectors including employment, healthcare and government services, the two sides will promote the integrated deployment of employment Agent and intelligent computing platform to achieve precise job matching and intelligent recommendation; advance the implementation of a fusion architecture of contactless medical payment systems and edge AI inference cloud; and accelerate the joint optimization of government affairs large models and intelligent guidance systems in the information technology application innovation cloud environment.
In terms of delivery, the two parties will jointly conduct compatibility tests and performance verification to ensure the compatibility and stability of the joint solutions, and jointly deliver secure, controllable and ready-to-use intelligent livelihood solutions. Meanwhile, they will actively explore the co-construction of regional intelligent computing centers in mature areas to consolidate the computing infrastructure for “AI + Livelihood Services”.
Looking ahead, the two sides will take joint solutions as the anchor, jointly explore the closed-loop operation model of “Urban Livelihood AI Operation Base”, connect the full chain from computing supply, model iteration to service delivery, help elevate the intelligence of urban governance, and jointly build a new engine for livelihood services.
Hashtag: #Tecsun
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The platform offers comprehensive information services and an international communication platform to support economic and trade cooperation between China and ASEAN countries.
Built and operated by China News Network, the official website of China News Service, the platform serves as ASEAN trade agencies, industry associations, overseas Chinese communities, and cross-border enterprises, providing one-stop trade information services.
China News Service will leverage its strengths to build the China-ASEAN Business and Trade Information Platform into an influential and dynamic communication channel that promotes information sharing and provides services, to facilitate trade and people-to-people exchanges between China and ASEAN countries.
Currently, a trade information network between China and ASEAN countries has been built, with key content covering policy explanations, market conditions, investment promotion, business cooperation, and industry analysis, to comprehensively support cross-border trade activities.
Prior to the platform’s launch, representatives from government departments, media outlets, research institutes, and universities in China and multiple ASEAN countries participated in discussions on economic and trade information exchange between China and ASEAN countries, as well as the development of the platform.
Consular officials from ASEAN member states including Cambodia, Myanmar, and Vietnam, stationed in Nanning expressed their hopes for enhancing China-ASEAN economic and trade connectivity as well as people-to-people ties through information sharing.
Against the backdrop of the signing of the China-ASEAN Free Trade Area 3.0 Upgrade Protocol, the platform serves as an information bridge for expanding cooperation, promoting trade, enhancing industrial upgrade, and achieving mutual benefits and win-win outcomes, they said.
They hope that the platform will play a greater role in trade facilitation and logistics services, empowering micro, small and medium-sized enterprises (MSMEs), and investment policies and regulatory measures, while helping share cooperation stories between China and ASEAN countries.
Hashtag: #Nanning
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Tripadvisor Travellers’ Choice 2025 · Trip Best 2025 · Global Top 100 Family-Friendly Attractions
PHUKET, THAILAND – Media OutReach Newswire – 21 May 2026 – Andamanda Phuket, the island’s largest water park, spanning over 100,000 square meters, is inspired by Thai mythology and the Andaman Sea. A proud recipient of the Tripadvisor Travellers’ Choice Award 2025 and ranked among the Trip Best Global Top 100 Family- Friendly Attractions, Andamanda delivers a world-class tropical experience for thrill-seeker families and leisure travellers alike.
25 Attractions. 36 Slides. Zero Dull Moments.
Spread across five iconic zones inspired by Thai mythology, Andamanda offers something for every kind of visitor:
- 36 slide lanes, from heart-pounding drops to family-friendly twists, the most in Phuket.
- Southeast Asia’s longest lazy river- 550 metres of pure relaxation winding through tropical scenery.
- A 10,000m² wave pool- generating waves up to 3 metres high. Prepare to get knocked off your feet.
- Private cabanas & water villas- with air conditioning and restrooms, for those who like their downtime in style.
- Dedicated kids’ zones- with lifeguards and age-appropriate splash areas, so the little ones have their own adventure.
More Than Slides – A Living Cultural Experience
Andamanda brings Thai heritage to life every single day. Daily live entertainment includes a Muay Thai showcase and “The Story of Andamanda“–a breathtaking live performance of music, dance, and Thai folklore that you will not find in any other water park in the world. The park’s mythological sculptures, traditional architecture, and five legend-themed zones make every corner worth exploring and photographing.
Food for Every Taste
Andamanda’s dining options are built with all guests in mind. You will find authentic Thai classics alongside international favourites, plus vegetarian, halal, and gluten-free options. Indian favourites are also well-represented: chicken and vegetable samosas, butter chicken, and fragrant biryani keep the whole family happy and energised. With multiple restaurants spread across the park, a great meal is always close by.
Tickets and Visitor Information
Tickets are available online via the official website at andamanda.com.
Advance booking is recommended to ensure availability and access to the best available rates. A full day here never feels long enough. Andamanda keeps the energy high from morning until closing.
Hashtag: #AndamandaPhuket #Phuket #Thailand #WaterPark #TravelThailand #FamilyTravel
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