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Grab partners Sovico and injects additional $500 million into Vietnam for digital development

The amount will be spent over the next five years to help the multi-service super app tap opportunities in fintech, mobility solutions and logistics in Vietnam.

Vietjet, Swift247 and Grab join hands to deliver transport and delivery services

Vietjet, Swift 247 and Grab have signed a comprehensive cooperation to develop solutions for connecting road and air travel for customers across Southeast Asia while providing super express delivery services in the local market.

Grab launches hotel booking service in Vietnam

Grab customers in Vietnam can now book hotels from Agoda and later Booking.com, directly on their Grab app platform.

Domestic taxi firms unite to compete with Grab

"Vietnam Taxi Alliance", a gathering of 17 domestic taxi companies nationwide, has just made its debut and operated on EMDDI platform, a ride-hailing application developed by programmers from Hanoi National University.

Grab suffers huge losses in Vietnam

Apart from being under the financial pressure of unprofitable business in Vietnam, Grab is also facing fierce competition from the domestic emerging ride-hailing apps such as Go-Viet, Fastgo.

Uber agrees to pay $2.4 million tax arrears despite leaving

Netherland based Uber B.V Co., Ltd. has agreed to pay all of its tax arrears equivalent to the amount of $2.4 million to Ho Chi Minh City Department of Taxation after the ride hailing app left Vietnam.

Grab rolls out counter-measures under tough battle

Under overheated competition from newcomer of ride-hailing app Go-Viet and other traditional taxi firms, Grab has rolled out counter-measures to gain market shares.

Thorny issue for tax authority remains after Uber left Vietnam

At the recent semi-annual meeting of the taxation sector, Tran Ngoc Tam, Head of the Taxation Department of Ho Chi Minh City admitted that they are coping with difficulties in Uber's tax collection as the company had sold all of its business operation in Vietnam to Grab.

Foreign ride-hailing applications cope with new battle to acquire $1.7 billion market dominance

It is undeniable that domestic ride-hailing applications are making a lot of efforts to improve its service quality as well as its technology and technique but still it does not seem to be enough to catch up with Grab.

Ride-hailing app FastGo kicked off to pressurize Grab for market share

FastGo Vietnam Co., Ltd. has launched its ride-hailing application called “FastGo”, the first ever application in the current market to protects customers on each trip using Fast Protection insurance with a value up to $8,700.

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