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Grab Vietnam responds to fine by Singapore competition watchdog

26-09-2018 08:10

Grab Vietnam has issued a response to the fines from the Singapore competition watchdog for its takeover of Uber's Southeast Asian business.

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

25-09-2018 10:40

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

24-09-2018 19:12

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.

Grab riders to get penalised for using phones while riding

05-09-2018 12:49

Viet Nam’s National Traffic Safety Committee (NTSC) has ordered the traffic safety boards of Ha Noi and HCMC and GrabTaxi Viet Nam Co Ltd to regulate and strictly handle Grab riders using mobile phones when riding.

Heineken's "When you drive, never drink" campaign inspires consumers

04-09-2018 11:08

The Heineken campaign aims to create a positive and meaningful impact on the drinking and driving cultures in Vietnam.

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

27-08-2018 09:23

Vietnamese experts are calling for regulatory bodies to relax regulations treating ride-hailing companies as taxi firms because some fear the consequences that could impact the development of new business models and technology advancements.

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

14-08-2018 15:57

The classification of ride-haling platforms and transport service companies into the same category might pose a threat to economic development in the Industry 4.0 era.

Larger e-procurement packages up for grabs

14-08-2018 09:00

Domestic and foreign bidders are expected to have never-before-seen opportunities to join large e-procurement packages in extended procurement areas on the back of breakthrough improvements in Vietnam’s e-procurement system.

Market wide open for a new M&A era

03-08-2018 14:00

A new era for mergers andacquistions in Vietnam is now coming to fruition as 92 per cent of state capital is still available for investors, private companies are on the rise and thriving for further investments, and more foreign investors are seeking for opportunities to grab a slice of the rising market.

Poulter leads Bridgestone with 62, Woods four back

03-08-2018 09:58

Ian Poulter, gunning for a spot on the European Ryder Cup team, fired an eight-under par 62 on Thursday (Aug 2) to grab the first-round lead in the World Golf Championships Bridgestone Invitational in Ohio.

Rooney scores first DC United goal before breaking nose

30-07-2018 11:26

Former England captain Wayne Rooney grabbed his first goal for DC United but also suffered a broken nose in a 2-1 victory over Colorado Rapids in the MLS.

Five most eye-catching close-season transfers so far

30-07-2018 11:08

With Europe's top clubs preparing for the start of the new season, there have already been several headline-grabbing moves in the transfer market, including Cristiano Ronaldo's stunning switch to Juventus and the arrival of Gianluigi Buffon in France.

Tax authorities face losing over $2 million in taxes from Uber

25-07-2018 18:31

Collecting taxes from some foreign firms continues to be challenging for the Vietnamese tax authorities, with Ho Chi Minh City Tax Department recently admitting its struggle in collecting VND53.3-billion ($2.36 million) in taxes from the ride hailing firm Uber due to the firms withdrawal from the domestic market.

Vinasun continues to lose out against strong competition from Grab

25-07-2018 10:45

Vietnam Sun Corporation (Vinasun) has reported the third consecutive quarter of loss in its passenger transport business due to competition from ride-hailing services.