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Grab: becoming a taxi company a step back from Industry 4.0

Grab opposes to be treated as traditional taxi firm.

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 prepared by the Ministry of Transport under which transport firms …

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US sports apparel firm mulls ditching China for Vietnam

Brooks Running Company shoes displayed at a supermarket in Kang, Malaysia.

U.S. sports apparel company Brooks Running is considering shifting its manufacturing operations from China to Vietnam to avoid trade war tariffs. The firm’s CEO Jim Weber said Monday that the impact of President Donald Trump’s trade war with China is going to put a 45-percent tariff on his company’s running …

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