should ride hailing vehicles install taxi signs

Should ride-hailing vehicles install taxi signs?

No developed countries in Southeast Asia or the world force ride-hailing services to install taxi signs. However, Vietnam’s latest proposal requests all ride-hailing vehicles to affix taxi signs to the top of the vehicles, which will weigh down disruptive businesses and dampen benefits to consumers and driver partners.
comfortdelgro savico taxi officially gives up taxi playground

ComfortDelgro Savico Taxi officially gives up taxi playground

ComfortDelGro Savico Taxi, a joint venture between ComfortDelGro and Saigon General Services Corporation (Savico), officially withdrew from the taxi business after failing in the race with heavyweight competitors.
regulating ride hailing firms do not dampen the development

Regulating ride-hailing firms: Do not dampen the development

As the regulatory bodies have yet to create a fair playground for ride-hailing firms and traditional taxi companies, there is heated debate about how to better regulate new business models.
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.  
concerns over sandbox the new way to approaching the supervision on cross border platforms

Concerns over Sandbox - the new way to approaching the supervision on cross-border platforms

Applying Sandbox – a new approach to find supervising policies, to only the ride-hailing seems have yet to resolve all cross-border issues.
be group and vpbank tie up to roll out payment and financial services

BE Group and VPBank tie up to roll out payment and financial services

BE Group JSC, the Vietnamese owner and developer of the be app, has inked a strategic partnership with Vietnam Prosperity Joint Stock Commercial Bank (VPBank) to provide beFinancial, including payment and financial services from 2019.
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.
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.
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.