VinFast and GSM announce $2.1 billion investment for Indonesia

VinFast and GSM announce $2.1 billion investment for Indonesia

VinFast and GSM have announced a combined investment of $2.1 billion for Indonesia, marking a major step in their global EV expansion.
Vinasun continues to bear losses in second quarter

Vinasun continues to bear losses in second quarter

Vinasun has released its financial statement for the second quarter of 2021 with a net loss of nearly VND66 billion ($2.87 million).
CEO of Mai Linh Group dismissed

CEO of Mai Linh Group dismissed

Mai Linh Group's dreams of digital transformation may have been shattered by the dismissal of CEO Rahn Wood, the person who was elected to lead the charge for the taxi group.
Appellate court begins work on dispute between Vinasun and Grab

Appellate court begins work on dispute between Vinasun and Grab

After a heated debate at the appellate court, Vinasun is still asking Grab to pay VND36 billion ($1.57 million) in compensation for its damages.
Decree 10 legalises ride-hailing for benefit of passengers and drivers

Decree 10 legalises ride-hailing for benefit of passengers and drivers

Vietnam has legalised ride-hailing, opening up opportunities for ride-hailing firms and bringing more benefits to passengers and driver-partners.
Legislators vacillating between ride-hailing and traditional taxi

Legislators vacillating between ride-hailing and traditional taxi

The competition of ride-hailing firms and traditional taxi companies are a headache for legislators who are looking to regulate disruptive business models.
Taxi firms risk misleading consumers

Taxi firms risk misleading consumers

Traditional taxi operators in Vietnam are being ­accused of unfair anti-competitive practices against ride-hailing firm Grab, as they attempt to compete against the latter’s expansion in the country.
ComfortDelGro sees plunge in revenue in Vietnam

ComfortDelGro sees plunge in revenue in Vietnam

After suspending the operations of its joint venture in Vietnam, ComfortDelGro reported a decrease of 50 per cent in its revenue and assets from Vietnam.
Vinasun reports falling profit and staff count

Vinasun reports falling profit and staff count

While the court has not reached a conclusion on its lawsuit against Grab, Vinasun reported falling profit and staff in 2018.
Ministry of Transport proposes to manage ride-hailing apps as taxis

Ministry of Transport proposes to manage ride-hailing apps as taxis

Entire under nine-seat cars operating under the ride-hailing application may be managed as taxi operators, according to newswire Bizlive.vn.
Taxi alliance pressures ride-hailers

Taxi alliance pressures ride-hailers

Seventeen traditional taxi operators have forged a new partnership to use the same technology platform in order to win back customers from foreign ride-hailing services providers, including Grab. Kim Thu reports.
An alliance of 17 domestic taxi companies makes debut

An alliance of 17 domestic taxi companies makes debut

An alliance of 17 domestic taxi companies with 12,000 vehicles launched Monday, aiming to compete with ride-hailing services company Grab.
Call to relax regulations on the classification of ride-hailing firms

Call to relax regulations on the classification of ride-hailing firms

Experts are urging regulatory bodies to relax regulations on treating ride-hailing companies as taxis because of the consequences on development.
Putting ride-hailing and taxi firms under same hat could blunt growth

Putting ride-hailing and taxi firms under same hat could blunt growth

The classification of ride-hailing platforms and transport service companies into the same category might threaten economic development in the Industry 4.0 era.
Taxi driver cheats foreign visitors with fake money

Taxi driver cheats foreign visitors with fake money

Two foreigners who were given fake money as change in Hanoi last week were conned by a taxi driver, not a cyclo driver, as previously reported, police in Hoan Kiem reported.
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