grab surpasses vinasun in tax contribution in 2018

Grab surpasses Vinasun in tax contribution in 2018

Grab has paid VND441 billion ($19.17 million) in taxes to the Vietnamese state budget in 2018, more than three times as much as traditional taxi firm Vinasun.
grab fined for vnd120 million

Grab fined for VND120 million

The State Bank of Vietnam (SBV) has issued a fine of VND120 million ($5,217) to Grab (Vietnam) Ltd. due to its failure to comply with regulations relating to administrative procedures on registering loans from overseas.
fierce race in vietnams food delivery market the game really ends

Fierce race in Vietnam’s food delivery market: The game really ends?

Newcomers have shaken up Vietnam’s food delivery sector with intensified competition in which only strong contenders can withstand the challenges.
legislators vacillating between ride hailing and traditional taxi

Legislators vacillating between ride-hailing and traditional taxi

The competition between ride-hailing firms and traditional taxi companies are causing a headache for legislators who are looking for a way to regulate disruptive business models in Vietnam.
go bike increases fares above main rival grabbike

Go-Bike increases fares above main rival GrabBike

Go-Viet has issued the decision to adjust fares and apply flexible rates at peak hours and other special cases, effective from 12 PM, May 16.
ride hailing rule concerns persist

Ride-hailing rule concerns persist

Heated debate is continuing around the proposal to regulate ride-hailing firms as taxi companies, due to concerns that it will dampen Vietnam’s Industry 4.0 efforts.
vinasun confidently announces eight fold profit thanks to grab lawsuit

Vinasun confidently announces eight-fold profit thanks to Grab lawsuit

Thanks to winning the lawsuit against Grab, Vinasun expects to reach VND77.1 billion ($3.35 million) in 2019 profit, eight-times as much as in the past years.
grab accompanies ministry of health to improve food safety awareness

Grab accompanies Ministry of Health to improve food safety awareness

Co-operating with the Vietnam Food Administration (VFA) under the Ministry of Health will open up an effective channel for Grab to contribute to improving food safety awareness in the Vietnamese community.
go viet welcomes new general manager

Go-Viet welcomes new general manager

Today (April 22) Go-Viet has announced the appointment of Christy Le as its new general manager. Christy will lead the company through its next phase of growth, now that it has been established in Vietnam as a leading provider of transport and delivery services.
ac milan frustrated at parma lazio collapse against chievo

AC Milan frustrated at Parma, Lazio collapse against Chievo

Bruno Alves grabbed a point for Parma to put AC Milan's Champions League ambitions under pressure with a 1-1 draw on Saturday (Apr 20), as 10-man Lazio's European hopes took a knock with a 2-1 defeat to relegated Chievo.
toyota softbank vision fund in 1bn uber investment

Toyota, SoftBank Vision Fund in $1bn Uber investment

Japanese car giant Toyota and investment fund Softbank Vision Fund on Friday unveiled an investment of $1 billion in US company Uber to drive forward the development of driverless ridesharing services.
confusion over proposal to install taxi sign on ride hailing cars

Confusion over proposal to install taxi sign on ride-hailing cars

Drivers and customers are confused about the proposal to require ride-hailing vehicles to put up ‘taxi signs’ on the top of their vehicles.
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.
go viet running out of gas

Go-Viet running out of gas?

To get ahead in the competition with Grab, Go-Viet needs a strategy other than “burning money” to increase its market share, especially as they are running on a tighter budget than Grab.
super apps here to stay

Super-apps here to stay

Technological advances are driving the development of super-apps, which are expected to bring ­tremendous benefits to ­Vietnamese businesses.