Be Group reports company-wide profitability in 2025

Be Group reports company-wide profitability in 2025

Be Group, the owner and developer of the BE super-app, has announced that for the first time the company achieved company-wide profitability in 2025.
Ho Chi Minh City accelerates shift to electric bikes for delivery drivers

Ho Chi Minh City accelerates shift to electric bikes for delivery drivers

Ho Chi Minh City is planning a two-phase shift to electric motorbikes for 400,000 ride-hailing and delivery drivers by 2029.
New player to join Vietnam's competitive ride-hailing market

New player to join Vietnam's competitive ride-hailing market

Estonian ride-hailing and food delivery startup Bolt is advancing its plan to enter Vietnam's rile-hailing market.
Lalamove shifting gears to enter ride-hailing market

Lalamove shifting gears to enter ride-hailing market

Lalamove is venturing into Vietnam's ride-hailing market, following eight years of offering on-demand 24/7 delivery services.
Vietnam’s ride-hailing market attracts global and local competition

Vietnam’s ride-hailing market attracts global and local competition

As European unicorn Bolt explores a potential entry into Vietnam’s ride-hailing sector, the market is undergoing significant shifts, with local players Be and Xanh SM steadily gaining ground against Grab.
Uber rival Bolt to make foray into Vietnam's ride-hailing market

Uber rival Bolt to make foray into Vietnam's ride-hailing market

Estonian ride-hailing startup Bolt is set to deliver another alternative to Vietnam's ride-hailing market.
From pioneer to key player: Grab's 10-year milestone in Vietnam

From pioneer to key player: Grab's 10-year milestone in Vietnam

This October, Grab is celebrating its 10th anniversary in Vietnam.
GSM enters ride-hailing market with Xanh SM Bike Platform

GSM enters ride-hailing market with Xanh SM Bike Platform

GSM has launched its Xanh SM Bike Platform, offering an 80 per cent revenue share and incentives for VinFast electric motorcycle drivers.
Ride-hailing company Gojek to exit Vietnam

Ride-hailing company Gojek to exit Vietnam

Gojek, the on-demand, multiservice mobile platform, will close its Vietnam business effective September 16.
Vietnam's ride-hailing market to reach $880,000 in 2024

Vietnam's ride-hailing market to reach $880,000 in 2024

Vietnam's ride-hailing market size is forecast to hit $880,000 in 2024 and $2.16 billion by 2029, growing at a CAGR of 19.5 per cent, according to Mordor Intelligence.
Grab proposes simplified administrative procedures for ridesharing

Grab proposes simplified administrative procedures for ridesharing

The ride-hail company expects much-needed reforms from the government.
Vingroup's GSM to launch ride-hailing and electric motorcycle services

Vingroup's GSM to launch ride-hailing and electric motorcycle services

Green and Smart Mobility Corporation has announced plans to extend its electric taxi services to 27 cities and provinces in Vietnam, as part of the company's commitment to green mobility and sustainable transportation.
Online payments via e-wallets on the rise

Online payments via e-wallets on the rise

Gaining momentum through four social distancing periods, e-wallet payments, along with e-commerce continue to thrive in the new normal.
Gojek officially rolls out car ride-hailing service in Ho Chi Minh City

Gojek officially rolls out car ride-hailing service in Ho Chi Minh City

Gojek announced the expansion of its GoCar service for all users in Ho Chi Minh City in a move to intensify the competition in the local ride-sharing market.
Vietnam's pandemic restrictions greatly widen Grab's losses

Vietnam's pandemic restrictions greatly widen Grab's losses

Due to unusual costs and a general decline in the ride-hailing business, Grab Holdings reported a net loss of $988 million in the third quarter.
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