On-demand multi-service platform GoViet has achieved 100 million rides over the course of one year, helping connect millions of local residents to 125 thousand driver-partners and 70,000 food merchants over all.
First introduced in Ho Chi Minh City in August 2018 and in Hanoi a month later with its GoBike service, GoViet’s ecosystem has now developed into one of the largest consumer transactional platforms in the country with services including transportation, courier, and food delivery.
GoBike, in particular, has quickly reached 100 million rides across both cities, with a growth of more than 400 per cent in the number of orders in a 12-month period. Over 125,000 driver-partners have joined the GoBike network since its initiation.
Meanwhile, GoFood, which was launched in Ho Chi Minh City in November 2018 and in Hanoi in March 2019, has quickly emerged as a leader in the food delivery segment. The service has connected 70,000 merchant-partners and over 1 million menu items on the GoViet app to customers in both cities. GoFood’s number of orders have bolstered by 25-35 per cent a month.
Courier service GoSend has also completed millions of orders since its launch last year.
“We measure success not only in numbers, but also by the socio-economic impact that the company can make. This is the foundation on which we build a sustainable, long-term business model,” said Le Diep Kieu Trang, GoViet general director. “We are committed to further enhancing our solutions to meet the everyday needs of the Vietnamese people.”
According to GoViet, its GoFood service has played an important role in enabling micro and small- and medium-sized businesses to get access to more customers, expand their business models, and increase revenue.
GoBike driver-partners, on the other hand, have gained greater access to benefits as they are now entitled to travel insurance, community activities, and participation in a professional network of driver-partners.
GoViet looks set to become a ‘super-app’ in Vietnam, following the highly successful model that Gojek has implemented in Indonesia – a market with economic conditions and demographics that are similar to Vietnam.
Gojek is Southeast Asia’s largest mobile on-demand service and payments platform. It has attracted investment from Google, Tencent, Temasek, Visa, and others.
Tags:
Tags:
With strategic deals and strong policy alignment from the Vietnamese government, Excelerate Energy aims to anchor Vietnam’s LNG ambitions in the region.
Scheduled for completion in 2027, the logistics facility will be the first of its kind in Vietnam significantly boosting parcel processing capacity up to 7 million parcels daily.
Gamuda Land will use the loan to invest in a luxury real estate project in Ho Chi Minh City.
Amid global economic volatility, WHA Group has rapidly rolled out multiple expansion projects in Vietnam, signaling its strategic focus on the country.
Hai Phong Port JSC. has inaugurated international container terminals No. 3 and 4 at Lach Huyen, raising its throughput capacity to 3.5 million TEUs per year.
Hoang Huy expects revenue to exceed VND4 trillion and post-tax profit to reach up to VND2 trillion in fiscal year 2025-2026, targeting annual growth of over 30% for the next five years.
