merger could tip scales in ride hailing

Merger could tip scales in ride-hailing

The two local ride-hailing platforms be and FastGo could negotiate a merger to break the dominance of Grab in Vietnam.
queries around shareholders of fastgo and be

Queries around shareholders of FastGo and be

After only two years of operation, the shareholder structures of both local ride-hailing platforms FastGo and be are now a mystery.
muzzling ride hailers for public safety

Muzzling ride-hailers for public safety

The lack of contractual ties between ride-hailing service providers and their partners and that of criteria in selecting drivers have raised concerns about safety risks for both passengers and the larger community.
grab increases financial relief for restaurant partners and food merchants during covid 19

Grab increases financial relief for restaurant partners and food merchants during COVID-19

Grab is the only ride-hailing firm providing financial support to restaurant partners and food merchants affected by the COVID-19 pandemic. The company will use part of its financial relief worth VND70 billion ($3 million) to help restaurants and cafés generate revenue and attract new customers during the crisis.
decree 10 paves way for grab and other ride hailing firms to begin official operation

Decree 10 paves way for Grab and other ride-hailing firms to begin official operation

Decree No.10/2020/ND-CP is heralding a new development chapter for the Vietnamese transport industry by opening to the trends of the future. Under the new law, Grab and other tech-based car firms can now select a suitable business model and operate on full legal grounds – on a national scale.
grab steps up relief measures to protect health and safety of drivers during covid 19

Grab steps up relief measures to protect health and safety of drivers during COVID-19

Grab is the only ride-hailing firm in Vietnam offering financial support and launching several initiatives to support the community and its partners in the COVID-19 fight.
vietnam formalises legal framework for grab and other ride hailing platforms

Vietnam formalises legal framework for Grab and other ride-hailing platforms

From April 1, Decree No.10/2020/ND-CP is officially in effect, replacing Decree No.86/2014/ND-CP on auto transport business and conditions for auto transport business. This means Grab and other ride-hailing platforms can now operate as legal businesses in Vietnam after the pilot e-hailing programme ended.
grab vietnam spends 3 million supporting driver and merchant partners from covid 19

Grab Vietnam spends $3 million supporting driver and merchant partners from COVID-19

Grab Vietnam has launched a support fund worth VND70 billion ($3 million) to assist drivers as well as delivery and merchant-partners as well as support the government's initiatives during the tough times of the COVID-19 pandemic.
super apps release grocery delivery to ease social distancing during covid 19

Super apps release grocery delivery to ease social distancing during COVID-19

Taking advantage of social distancing and people going into voluntary isolation and refusing to leave their homes during the COVID-19 outbreak, ride-hailing applications Grab and Be introduced a new service where drivers can pick up their grocery.
e wallet services start to gain momentum in vietnam

E-wallet services start to gain momentum in Vietnam

E-wallet services are taking off in Vietnam, which is used mostly to transfer money and pay for mobile top-up, utility bills, food delivery, and ride-hailing, according to the latest report by Cimigo Market Research.
law case illustrating need for new thinking

Law case illustrating need for new thinking

The prolonged legal battle between Vinasun and Grab came to an end last week when the Supreme People’s Procuracy in Ho Chi Minh City ruled that the ride-hailing firm has to pay a hefty fine in compensation to the taxi operator.
ride hailers hesitant to offer financial support

Ride-hailers hesitant to offer financial support

While ride-hailing apps are pushing out alerts to their drivers and partners to alleviate the damage caused by the COVID-19 pandemic, financial support for their most exposed partners in Vietnam is almost non-existent, in stark contrast to their regional counterparts.
court of appeal upholds verdict in lawsuit between vinasun and grab

Court of Appeal upholds verdict in lawsuit between Vinasun and Grab

On March 10, the Supreme People's Procuracy of Ho Chi Minh City issued the verdict to the prolonged debate between Vinasun and Grab Vietnam. The trial panel rejected the procuracy’s protests as well as both companies’ appeals to uphold the first-instance verdict awarding damages to Vinasun.
appellate court begins work on dispute between vinasun and grab

Appellate court begins work on dispute between Vinasun and Grab

After a heated debate at the appellate court, Grab and Vinasun have yet to reach a common standpoint. Accordingly, Vinasun is still asking the ride-hailing service provider to pay VND36 billion ($1.57 million) in compensation for its damages.
grabs fintech platform supports smes in digital market

Grab's fintech platform supports SMEs in digital market

In the digital market, Grab performs a key role in linking small- and medium-sized enterprises, supporting them to connect with customers through mobile app services.