Vietnam's ride-hailing market to reach $880,000 in 2024

Vietnam's ride-hailing market to reach $880,000 in 2024

Vietnam's ride-hailing market size is forecast to hit $880,000 in 2024 and $2.16 billion by 2029, growing at a CAGR of 19.5 per cent, according to Mordor Intelligence.
Grab proposes simplified administrative procedures for ridesharing

Grab proposes simplified administrative procedures for ridesharing

The ride-hail company expects much-needed reforms from the government.
Vingroup's GSM to launch ride-hailing and electric motorcycle services

Vingroup's GSM to launch ride-hailing and electric motorcycle services

Green and Smart Mobility Corporation has announced plans to extend its electric taxi services to 27 cities and provinces in Vietnam, as part of the company's commitment to green mobility and sustainable transportation.
Online payments via e-wallets on the rise

Online payments via e-wallets on the rise

Gaining momentum through four social distancing periods, e-wallet payments, along with e-commerce continue to thrive in the new normal.
Gojek officially rolls out car ride-hailing service in Ho Chi Minh City

Gojek officially rolls out car ride-hailing service in Ho Chi Minh City

Gojek announced the expansion of its GoCar service for all users in Ho Chi Minh City in a move to intensify the competition in the local ride-sharing market.
Vietnam's pandemic restrictions greatly widen Grab's losses

Vietnam's pandemic restrictions greatly widen Grab's losses

Due to unusual costs and a general decline in the ride-hailing business, Grab Holdings reported a net loss of $988 million in the third quarter.
Gojek launches four-wheel ride-hailing service in Ho Chi Minh City under lockdown

Gojek launches four-wheel ride-hailing service in Ho Chi Minh City under lockdown

Gojek launched GoCar in Ho Chi Minh City, first exclusively for frontline healthcare workers before expanding it to the general public later this year.
Ride-hailers assist drivers with policies

Ride-hailers assist drivers with policies

Millions of ride-hailing and food delivery drivers are counting on meagre allowances to sustain their livelihoods amidst the pandemic in Ho Chi Minh City.
Shippers and ride-hailers pushed to the limit amid pandemic

Shippers and ride-hailers pushed to the limit amid pandemic

While people are staying at home to curb the spread of the pandemic, shippers are overwhelmed by rising orders and the high risk of coronavirus infection.
Gojek and Tokopedia announce merger to become new tech giant in Southeast Asia

Gojek and Tokopedia announce merger to become new tech giant in Southeast Asia

Indonesian ride-hailing and payments company Gojek today announced its merger with e-commerce player Tokopedia to create a new Indonesian powerhouse GoTo Group.
Grab plans to go public in US in partnership with Altimeter

Grab plans to go public in US in partnership with Altimeter

Grab intends to go public in the US in partnership with Altimeter Growth Corp. in the largest-ever US equity offering by a Southeast Asian company.
2,000 GrabCar vehicles to be equipped with Panasonic nanoe X air quality solutions

2,000 GrabCar vehicles to be equipped with Panasonic nanoe X air quality solutions

Panasonic announced a partnership with Grab to use nanoe X technology in its vehicles, which has a proven inhibitory effect against the SARS-CoV2 virus.
Be Group partnering up with VPBank to launch Cake digital bank

Be Group partnering up with VPBank to launch Cake digital bank

Be Group and VPBank have officially introduced Cake digital bank, a new solution for e-banking.
Lalamove adjusts fares to share difficulties with customers

Lalamove adjusts fares to share difficulties with customers

While ride-hailing and food delivery service providers hiked fees and commission rates, Lalamove is adjusting fees to benefit customers.
Ride-hailing firms forced to complete tax mission

Ride-hailing firms forced to complete tax mission

Vietnam is narrowing the gap in competition between ride-hailing businesses and traditional taxis by imposing 10 per cent VAT on the former.
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