FastGo to launch in Vietnamese ride-hailing market

14:00 | 09/06/2018
On June 12, FastGo—a ride-hailing application developed by FastGo Co., Ltd.—will be officially launched in Vietnam, marking a new heavyweight on the ride-hailing playground.
fastgo to launch in vietnamese ride hailing market
FastGo will be launch on June 12

The FastGo ride-hailing app is launched after three years of software development. The app is built by NextTech Group after the order of a large-scale taxi firm from Indonesia and Taxi Open99 Group from Vietnam.

FastGo offers advantages for both drivers and customers. Notably, with the exception of a fee to join the app, drivers will not have to pay commission to the operators of FastGo.

Customers will enjoy lower fares than with either traditional taxi brands or Grab. Besides, customers will be insured against any incident occurring during the trip, including traffic accidents or personal injuries due to conflict with the driver.

Before launching in Vietnam, FastGo Taxi was popular in Cambodia. It offers the fastest transport booking service for private Tuk Tuk, cars, and more.

Accordingly, passengers can book a taxi from their smartphone in just a few seconds. The app uses GPS technology to directly connect you with a driver within range. FastGo Taxi does not have its own vehicle. Every vehicle that provides transportation services is owned by professional Tuk Tuk and taxi drivers who operate their business independently.

FastGo offers advantages for both drivers and customers. Notably, with the exception of a fee to join the app, drivers will not have to pay commission to the operators of FastGo.

Back to the ride-hailing market in Vietnam, Grab has solidified its foothold and the new players who expressed ambition to enter the market are issuing numerous attractive benefits for both drivers and customers.

Notably, Singapore-based transportation startup MVLchain, which owns the Grab-like platform MVL, is planning to utilise blockchain technology for the first time in Vietnam.

Along with utilising blockchain technology, MVL will focus on luring in customers via a low-fare policy instead of pouring money into promotion programmes like Grab and Uber.

Besides, Phuong Trang Futa Group, a leading passenger transportation and parcel delivery company in Vietnam, invested VND2.2 trillion ($96.53 million) into developing the ride-hailing app Vivu and changed its name into Vato.

Vato will not lure in customers via promotion programmes. Instead, it will offer numerous advantages. Notably, drivers and customers can discuss the fare based on an initial fare issued by Vato. For example, after a customer orders a vehicle for a 5-kilometre ride, Vato will offer a fare of VND50,000, which the customer can then discuss with the driver. (AREN’T WE TIRED OF JUST COPY-PASTING THE SAME INFORMATION INTO 25 DIFFERENT ARTICLES?)

By Kim Oanh

Based on MasterCMS Ultimate Edition Ver 2.8 2018