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CEOs buckle under Vietnam ride-hailing pressure

CEOs buckle under Vietnam ride-hailing pressure

Heated competition has seen three major Vietnamese ride-hailing players lose CEOs, all within a year.
Vinasun's shares plummet to lowest level in a decade

Vinasun's shares plummet to lowest level in a decade

Taxi firm Vinasun lost 6.86 percent on Thursday to fall to VND9,780 ($0.42), its lowest level in a decade.
December 13, 2019 | 02:09 pm GMT+7
Saigon to pilot public electric motorbike service

Saigon to pilot public electric motorbike service

The HCMC Transport Department will launch a public transport service using electric motorbikes at the end of this year.
November 08, 2019 | 03:15 pm GMT+7
Grab tests new bus booking service in Vietnam

Grab tests new bus booking service in Vietnam

A new service, now available on Grab’s app, allows customers to look at schedules and book tickets from the ride-hailing giant’s partner bus operators.
October 14, 2019 | 08:23 pm GMT+7
Grab launches first shared kitchen in Vietnam

Grab launches first shared kitchen in Vietnam

Grab launched a shared kitchen in Vietnam on Tuesday to cater to the growing demand for food delivery.
October 10, 2019 | 04:03 pm GMT+7
Ride-hailing market quintuples in last 4 years

Ride-hailing market quintuples in last 4 years

Vietnam’s ride-hailing market is estimated to be worth $1.1 billion this year, up from $200 million in 2015, according to a new study.
October 09, 2019 | 11:47 am GMT+7
Express delivery market gathers speed

Express delivery market gathers speed

Ride-hailing giant Grab has followed Russian delivery firm Dostavista and local ride-hailing app Be to invest in express delivery services.
September 07, 2019 | 11:27 am GMT+7
Japanese students overcharged by Grab driver

Japanese students overcharged by Grab driver

A Grab driver allegedly charged a group of four Japanese students VND2 million ($86) for a VND192,000 ($8) ride in Hanoi last Saturday.
September 05, 2019 | 11:26 am GMT+7
Grab to pour $500 mln into Vietnam operations

Grab to pour $500 mln into Vietnam operations

Grab plans to invest $500 million in Vietnam in the next five years to expand its transport, food and payment networks.
August 28, 2019 | 11:18 am GMT+7
Ride-hailing firm Grab plans major investment in Vietnam

Ride-hailing firm Grab plans major investment in Vietnam

Ride-hailing firm Grab is set to invest “several hundred million dollars” in Vietnam where the company sees its next major growth market.
August 26, 2019 | 08:55 am GMT+7
Rise of the super app: tech firms join battle

Rise of the super app: tech firms join battle

Tech firms are racing to include more and more services in a single app as they seek to diversify revenue sources and keep users.
August 22, 2019 | 10:43 am GMT+7
Vietnam taxi fares among cheapest in the world

Vietnam taxi fares among cheapest in the world

Vietnam is one of top 10 countries in the world with the cheapest taxi fares, alongside regional peers Thailand, Indonesia and Malaysia.
August 12, 2019 | 10:13 am GMT+7
Hanoi taxi association wants ride-hailing tax benefits

Hanoi taxi association wants ride-hailing tax benefits

The Hanoi Taxi Association is seeking to provide ride-hailing services for under 9-seater cars to enjoy tax benefits.
August 09, 2019 | 08:00 pm GMT+7
Vietjet Air, Grab, Swift247 to launch express delivery service

Vietjet Air, Grab, Swift247 to launch express delivery service

The teaming up of Vietjet Air, Grab, Swift247 will allow goods to be delivered between Hanoi and HCMC in as little as five hours.
August 08, 2019 | 03:27 pm GMT+7
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