Vietnam is in a favourable position to take advantage of development opportunities brought by the sharing economy, Chargé d’Affaires at the Australian Embassy in Vietnam Rebecca Bryant stated at a conference on this kind of economy in Hanoi on July 12.
Ride-hailing firm Grab Vietnam insists that its GrabTaxi service is legally allowed to operate nationwide.
After Uber Technologies Inc sold its ride and food-delivery businesses in Southeast Asia to bigger regional rival Grab last March, Vietnamese firms have tried to chip away at Grab’s dominance.
Indonesian ride-hailing app Go-Jek will officially launch in Vietnam this July, bringing more competition to the market currently dominated by Grab after it had acquired Uber’s Southeast Asia operations in March.
Vietnam targets building at least three smart cities in 2017-2020. But to reach that goal, it needs to have better infrastructure, more money and a more qualified workforce.
After a quiet period, the online food market has become more active with the appearance of many new service providers.
A number of drivers who used to work with the ride-hailing company Uber say they are uncertain about their futures after the company closed here last week.
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.
Grab’s acquisition of Uber opens the door for Vietnamese businesses to enter the ride-sharing market, said Khuat Viet Hung, Vice Chairman of the Vietnam National Safety Traffic Committee.
After Grab’s takeover of Uber on March 26, some Vietnamese transport businesses are taking advantage of an opportunity to invest in the lucrative 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.
A Vietnamese transport company has invested US$100 million in local ride-hailing app Vivu, according to a recent statement.
The Ministry of Industry and Trade (MoIT) of Vietnam has requested Grab to report on its purchase of Uber in the Southeast Asian market, including Vietnam.
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.
The Ministry of Transport (MoT) and the General Department of Vietnam Roads are currently planning amendments to Decree 86 issued in 2014, focusing on business condition reviews for transport firms.
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.
As Go-jek prepares for its debut in Vietnam, VIR’s Nam Phuong recently visited its home city Jakarta and witnessed first-hand the soaring popularity of Indonesia’s biggest startup.
A court in Ho Chi Minh City suspended a hearing regarding a dispute between Vietnam’s top taxi company Vinasun and ride-hailing firm Grab on March 8 just a day after it reopened.
Motorcycle ride-hailing transportation provider Go-Jek from Indonesia has recruited experts to advise for its expansion in Vietnam to break the dominance of Uber and Grab, according to newswire TheLEADER.
Hanoi's Department of Transport has asked the municipal People’s Committee to officially ban contract cars with under nine seats from 11 of the city's roads.