Vietnam's Vingroup launches electric taxi service in Indonesia

The Green and Smart Mobility JSC, which was established by billionaire Pham Nhat Vuong - founder and chairman of private conglomerate Vingroup, chose Indonesia as its second overseas market after Laos.

With its smart and eco-friendly mobility solutions, GSM is determined to conquer one of Southeast Asia’s most promising ride-hailing markets while promoting global green transition.

The launching ceremony took place in Jakarta with the attendance of many host government officials, ambassadors from several countries, and nearly 100 strategic partners of Xanh SM there.

This marks the first time an electric taxi service has been launched in Indonesia, which is expected to meet the increasing demand for transport during the upcoming Christmas and New Year holidays.

Dr. Pak Riyatno, Deputy for Investment Climate Development at the Indonesian Ministry of Investment and Downstream Industry, expressed his confidence that Xanh SM’s presence in Indonesia would not only encourage domestic and foreign investments in the green economy but also create new opportunities for innovation, job creation, and improved living standards for Indonesians.

Vietnamese Ambassador to Indonesia Ta Van Thong noted that Xanh SM service aligns with the new strategies and policies of the Indonesian administration under President Prabowo Subianto, which aims to achieve net-zero emissions by 2060, or even 2050.