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Tag Archives: Grab

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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Vinasun and Grab app at loggerheads over losses

Vinasun alleges that Grab’s operations have caused them to lose around VND42 billion ($1.82 million) in 2016 and 2017

Fierce debate broke out during last week’s hearing between Vinasun and Grab as the Vietnamese taxi operator accused the Singaporean ride-hailing app firm of anti-competitive business practices that have resulted in lost earnings. During the trial at the Ho Chi Minh City People’s Court, Vinasun accused Grab of participating in …

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App-based taxi firms in fierce competition

Go-Viet in fierce competition with Grab

Even though new Vietnamese app-based taxi service Go-Viet is rolling out many promotion programmes, it is still losing against Grab. When Go-Viet first appeared in HCM City in early August, it released a series of promotion programmes such as the VND5,000 (21 US cents) package for 8km in city centres. …

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Competition in ride hailing market enters new period

After the departure of Uber, the battle in the ride hailing market has heated up with the participation of many newcomers. Joining the market, FastGo and Go-Viet applied two major tactics – offering ‘next-to-nothing fee’ and using the motto ‘Vietnamese use Vietnamese apps’. Go-Viet bears the management hallmark of Go-Jek …

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Vietnam’s ride-hailing market heats up again

The competition in the Vietnamese US$1.7 billion ride-hailing market is reviving up with the participation of more players after several months under the dominance of giant Grab. With a population of over 93 million and a fast-growing transportation service market, Vietnam has become a lucrative place not only for local …

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