Topic
99 stories in this topic
In an apparent u-turn, transport giant Tracodi has approved divestment of its 30 percent stake in Vinataxi. Just months after saying it intends to increase its stake in Vinataxi, renew its fleet and install driver software, the Transport and Industry…
Ride-hailing firm Grab says giving in to traditional taxi companies’ demands is akin to bowing before “angry workers threatening to smash machinery.” Grab has written to Prime Minister Nguyen Xuan Phuc expressing concern over the latest draft of a decree…
Prosecutors have argued in a trial in HCMC that Grab must pay Vinasun compensation for losses it caused through “unhealthy competition.” At a hearing Tuesday the city People’s Procuracy rejected ride-hailing firm Grab’s argument that the court had no…
Vietnamese ride-hailing app FastGo has expanded its services to provinces in Vietnam like Dong Nai and Binh Duong, provinces neighboring HCMC. FastGo aims to cater to high travel demand within the southern provinces and for commutes between the provinces and…
Following the introduction of QR-code payment in more than 71,000 taxis in Seoul, all taxis in Seoul will accept Alipay beginning in January 2019. Alipay, the world’s largest online and mobile payment platform, operated by Ant Financial Services Group, can be…
Transport authorities and taxi associations have reiterated that ride-hailing firm Grab should be treated as a taxi service, but experts disagree. Nguyen Cong Hung, vice chairman of the Vietnam Automobile Transportation Association (VATA), said at a recent…
Qatar-based Ooredoo has acted to showcase the power of 5G to enable smart city applications with a trial of the world’s first self-driving 5G connected autonomous aerial taxi. During an event at The Pearl artificial island in Doha, Ooredoo also showcased…
Forcing ride-hailing cars to work like traditional taxis is a serious mistake revealing a non-innovative mindset, a leading economist says. Nguyen Dinh Cung, director of the Central Institute of Economic Management (CIEM), criticized state agencies for a…
Local ride-hailing firms lack deep pockets needed to out-incentivize market leader Grab. After Uber Technologies Inc sold its ride and food-delivery businesses in Southeast Asia to bigger regional rival Grab last March, Vietnamese firms have tried to chip…
The deal has left tax payments unresolved and questions remaining about a potential market monopoly. Tax authorities in Ho Chi Minh City have once again sent a request to Grab in Vietnam asking the company to provide details concerning its recent acquisition…
Nissan is deepening collaboration with a Japanese mobile gaming and communications giant to develop self-driving taxis. Nissan wants the partnership to lift it ahead of its rivals in the nascent vehicle mobility services segment. But when it comes to…
Saigon General Service Corporation (Savico) announced to the State Security Commission of Việt Nam and HCM City Stock Exchange that its taxi brand – ComfortDelgro Savico Taxi – has been closed to preserve funds and reengineer its taxi-related business plans.…
Ride-hailing giant Uber is selling its business in Southeast Asia to regional rival Grab while gaining a robust stake in the fast-growing ridesharing, food delivery and financial services business. Grab said Monday that Uber will take a 27.5 percent stake and…
Major Vietnamese taxi company Mai Linh on Monday launched its own motorbike hailing app in its latest attempt to claw back customers from Uber and Grab, the ride-hailing firms from the U.S. and Malaysia that have been outshining local cab firms. The app, Taxi…
Traditional taxi firms have been protesting against Uber and Grab, accusing the ride-hailing apps of unfair competition. Uber Vietnam on Thursday said the company would focus on growing and serving its partners and passengers and would not be distracted by…
Kakao Taxi is the most popular cab-hailing app in South Korea, dominating 98 percent of the market, while the food delivery app sector is fiercely contested by two rivals, according to a survey on Tuesday. Market analysis company Open Survey polled 1,500…
