ComfortDelgro Savico Taxi officially gives up taxi playground

ComfortDelgro Savico Taxi officially gives up taxi playground

ComfortDelGro Savico Taxi officially withdrew from the taxi business after failing in the race with heavyweight competitors.
Grab-Uber deal found legal

Grab-Uber deal found legal

The Vietnam Competition Authority issued the decision that Grab's acquisition of Uber does not violate Vietnam’s Competition Law.
Viettel joins ride-hailing market

Viettel joins ride-hailing market

Viettel will join the promising ride-hailing market, challenging the dominance of Grab, Go-Viet, and FastGo with its MyGo app.
Grab fined for VND120 million

Grab fined for VND120 million

The SBV has issued a fine of VND120 million ($5,217) to Grab due to its failure to comply with regulations relating to registering loans from overseas.
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.
Deal between Grab and Uber may be prohibited in Vietnam?

Deal between Grab and Uber may be prohibited in Vietnam?

It is now in the hands of the VCC to decide whether the M&A between Grab and Uber violates Vietnamese competition law.
New measures protect Grab users against 'excessive' surge prices, but no restoring of discounts expected

New measures protect Grab users against 'excessive' surge prices, but no restoring of discounts expected

As part of measures imposed by the Competition and Consumer Commission of Singapore (CCCS) to level the playing field in the ride-hailing industry, Grab will now be required to maintain its pre-merger pricing algorithm.
Singapore competition watchdog fines Grab, Uber S$13 million in total over merger deal

Singapore competition watchdog fines Grab, Uber S$13 million in total over merger deal

Singapore's competition watchdog has fined Grab and Uber a total of S$13 million over their merger, saying that the deal has led to the substantial eroding of competition in the ride-hailing market.
Go-Jek to raise at least $2 billion in funding

Go-Jek to raise at least $2 billion in funding

Go-Jek has just announced intentions to raise at least $2 billion to fuel its accelerated overseas expansion.
Uber completes tax payment for Ho Chi Minh City

Uber completes tax payment for Ho Chi Minh City

Uber B.V completed the payment of $2.36 million of tax, dispelling previous worries that the arrears may not be enforceable.
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.
Uber quarterly loss jumps as it invests in 'big bets'

Uber quarterly loss jumps as it invests in 'big bets'

Uber on Wednesday (Aug 15) disclosed that its quarterly loss jumped despite taking in more money, as it invested in scooters and other "big bets."
Local ride-hailing apps struggle to compete with Grab

Local ride-hailing apps struggle to compete with Grab

Vietnamese ride-hailing businesses are still struggling to grab market share even after the departure of Uber from Southeast Asia and complaints about the top ride-hailing app Grab.
Traditional taxi firms urged to apply technology and adapt to ride-hailing trend

Traditional taxi firms urged to apply technology and adapt to ride-hailing trend

As ride-hailing services like Grab have become increasingly popular, traditional taxi firms are urged to apply technology and adapt to ride-hailing trend.
Grab may have to operate as taxi firm

Grab may have to operate as taxi firm

Once the government approves the MoT's proposal, Grab will have to operate as a taxi firm and have to install a light box with the words “Electronic taxi.”