an internet economy a golden treasure trove

An internet economy: a golden treasure trove?

Vietnam is not only a “dragon being unleashed” by virtue of its flourishing digital economy, as Google and Singaporean state investment fund Temasek have assessed in their recent report. The country is more than that, in the eyes of Jack Ma, a billionaire and the founder of the largest Chinese e-commerce firm Alibaba, Vietnam is the “new gold mine” that has grabbed the whole world’s attention. Huu Tuan reports.
lalamove knocked out by fierce food delivery competition

Lalamove knocked out by fierce food delivery competition

Lalamove from Hong Kong has kissed its ambitions good-bye after proving unable to beat Grab and Go-Viet to seize the local delivery market and has called it quits.
grabs acquisition of uber scrutinised

Grab’s acquisition of Uber scrutinised

The Ministry of Industry and Trade has set up a council to scrutinise alleged violations of competition regulations in ride-hailing services firm Grab’s acquisition of Uber’s business in Vietnam.
grab to pay vinasun 210300

Grab to pay Vinasun $210,300

The HCM City court on Friday ordered ride-hailing firm Grab to pay VND4.8 billion (US$210,300) worth of compensation to local taxi firm Vinasun.
mbappe stars ball tampering scandal serena outburst 2018 sporting highlights

Mbappe stars, ball-tampering scandal, Serena outburst: 2018 sporting highlights

It was a memorable year for sport in 2018, with the World Cup in Russia, a cricketing controversy and Serena Williams' bizarre outburst grabbing the headlines.
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.
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.
grabs acquisition of uber may have broken law

Grab’s acquisition of Uber may have broken law

Grab’s acquisition of Uber may have violated the Competition Law, according to the Vietnam Competition Authority (VCA).
seizing gains from paused trade war

Seizing gains from paused trade war

With the United States and China applying a trade war truce for 90 days, Vietnam could still be impacted by the knock-on effects of the trade diversion. What can the country do to shun any adverse consequences and grab opportunities resulting from the international trade tariff stand-off? Nguyen Dat 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.
vietnam food delivery hotting up

Vietnam food delivery hotting up

The Vietnamese delivery market, especially food, is at a year long high with many new businesses and services profiting.
mitsubishi enters new sectors to grab bigger slice

Mitsubishi enters new sectors to grab bigger slice

Mitsubishi is to launch itself into the healthcare, retail, and high-tech agriculture markets in Vietnam in an attempt to cash in on growing local demands, but remain wary of the obstacles to success that lay ahead.
grabfood expands to danang en route to becoming vietnams superapp

GrabFood expands to Danang en route to becoming Vietnam's superapp

Launching the GrabFood service in Danang just one month after its latest expansion to Hanoi was GrabFood’s next stop on the journey to bring more local merchant-partners online and satisfy food cravings.
ho chi minh city under water stuns ride hailers

Ho Chi Minh City under water stuns ride-hailers

For a day and a half ride-hailing services in Ho Chi Minh City ground to a halt in face of the flood, unable to respond to the booming demand, while traditional taxi companies braved the elements to harvest a bumper crop.
vietnam motor show 2018 features auto brands hot girls

Vietnam Motor Show 2018 features auto brands, hot girls

Awesome cars and the incredibly sexy long legs of super-hot girls are grabbing all the attention at the 2018 Vietnam Motor Show.