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.
vietnam to have first helicopter ride hailing service

Vietnam to have first helicopter ride-hailing service

Vietnamese ride-hailing firm FastGo on Thursday announced its plan to launch the country’s first helicopter ride-hailing service - FastSky - in Hanoi by the end of this month.
ride hailing and delivery companies lose ground to grab

Ride-hailing and delivery companies lose ground to Grab

CEO and senior leaders of Indonesian ride-hailing service Go-Viet and Vietnamese delivery startup Ahamove have just resigned as the companies are floundering in the face of fierce competition with Grab. What new strategies will they pull out of the bag to fight the ride-hailing overlord?
ride hailing firms struggle to sustain price war

Ride-hailing firms struggle to sustain price war

Ride-hailing entrants invested a great deal of money into promotions and discount strategies to quickly expand in the Vietnamese market. Now, several firms are struggling to sustain the price war with rivals, especially Grab.
comfortdelgro sees plunge in revenue in vietnam

ComfortDelGro sees plunge in revenue in Vietnam

After suspending the operations of its joint venture in Vietnam, ComfortDelGro, one of the leading transport companies in Singapore, reported a decrease of 50 per cent in its revenue and assets from Vietnam.
vinasun reports falling profit and staff count

Vinasun reports falling profit and staff count

While the court has not reached a conclusion on its lawsuit against Grab, Vinasun reported falling profit and staff in 2018.
fastgo quick steps on home ground solid steps in foreign turf

FastGo: Quick steps on home ground, solid steps in foreign turf

Only six months after launching, FastGo – a truly Vietnamese ride-hailing app – has made its presence felt in 10 provinces and municipalities nationwide, ranking second in user volume in the market with more than 40,000 driver partners. This is also the first Vietnamese firm in its field to break into a foreign market. What isFastGo’srecipe for success?  
go viet launched ride haling without permission in ho chi minh city

Go-Viet launched ride-haling without permission in Ho Chi Minh City

Go-Viet has yet to be approved to launch ride-hailing services by the Ministry of Transport (MoT), however, the company is already operating in Ho Chi Minh City.
ministry of transport proposes to manage ride hailing apps as taxis

Ministry of Transport proposes to manage ride-hailing apps as taxis

Entire under nine-seat cars operating under the ride-hailing application may be managed as taxi operators, according to newswire Bizlive.vn.
additional investigation for deal between grabtaxi and uber

Additional investigation for deal between GrabTaxi and Uber

The investigation of the deal between ride-hailing firms GrabTaxi and Uber will be carried out by the Vietnam Competition Authority (VCA) under the Ministry of Industry and Trade (MoIT) within 60 days from the day of issuing Decision No.08/QD-HDCT.
thailands central group confirms us 200m investment in grabs thai entity

Thailand's Central Group confirms US$200m investment in Grab's Thai entity

Thailand's Central Group, the country's largest retailer, confirmed on Thursday (Jan 31) in a statement that it will invest US$200 million in a local entity of Singapore-based ride-hailing application Grab.
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.
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.