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Singaporean fund suffered big loss before withdrawing from Vinasun

The Singapore-based GIC Pte Ltd has suffered a loss of VND120 billion or $5.27 million, equivalent to 60 per cent of value on its four-year investment in the taxi firm Vinasun.

Lawyer Truong Thanh Duc: Grab may countersue Vinasun for its unfair offence

Lawyer Truong Thanh Duc said Grab might countersue Vinasun for its unfair competition directly aiming at this taxi-hailing application such as using the protest slogans.

Tough pressure posed by Uber, Grab pushes Vinasun's revenue back to 7 years ago

Vinasun taxi company announced its revenue of only VND547 billion (more than US$24 million) in the third quarter of 2017, equivalent to 46 per cent of the same period last year.

Vietnam bans new carpooling services from Uber, Grab

The authorities say sharing a car with a stranger comes with risks that passengers should not ignore.

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