Tags: grab

Ministry opens investigation into Grab’s acquisition of Uber in Vietnam

Ministry opens investigation into Grab’s acquisition of Uber in Vietnam

The Vietnam Competition Authority (VCA) under the Ministry of Industry and Trade has decided to conduct a preliminary investigation into Grab’s purchase of Uber’s stakes in Vietnam, which is suspected to breach regulations on economic concentration under the country’s Law on Competition 2004.

Controversial moves on ride-hailing market

Controversial moves on ride-hailing market

After Uber sold its Southeast Asian operations to Grab, the ride-hailing market is seeing an interesting phenomenon: insiders want out, while outsiders want in.

ComfortDelgro Savico Taxi suspends operations due to Uber and Grab

ComfortDelgro Savico Taxi suspends operations due to Uber and Grab

ComfortDelgro Savico Taxi, a joint venture between Saigon General Services Corporation (Savico) and Singapore's ComfortDelgro, announced suspending its operations. The movement came after the operations of several traditional taxi firms were impacted by Uber and Grab.

Taxi associations request temporary policy to hamper Uber and Grab

Taxi associations request temporary policy to hamper Uber and Grab

While local authorities plan to build a new decree on business and conditions for transportation business by automobile, Vietnamese taxi associations request a temporary policy to tighten the operations of Uber and Grab to replace the existing Decision No.24/QD-BGTVT on the pilot schemes for ride-hailing services.

Trial of Vinasun-Grab civil case suspended for one month

Trial of Vinasun-Grab civil case suspended for one month

The jury on February 7 decided to suspend the trial of a civil case between domestic taxi operator Vinasun and Grab, a popular ride hailing service, for one month after hearing statements by representatives of both sides.