National Focus

Second CEO kisses GoViet goodbye in a year

By Tay Lan September 19, 2019 | 03:29 PM GMT+7

It is the second time in less than a year when GoViet has witnessed its CEOs leaving their post.

Christy, in the middle, sat among GoViet driver-partners at an event

The ride-hailing firm has made an announcement yesterday on CEO Le Diep Kieu Trang’s departure, merely five months after joining GoViet.

The exact timing of her leaving was not mentioned but the reason for her parting GoViet was said to pursue a different career path.

Prior to joining GoViet, Trang (also known as Christy) was the country director of Vietnam for Facebook. She was famously known for her role as co-founder of Misfit – the US-Vietnam wearable startup that was acquired by Fossil for $260 million in 2015.

Nguyen Vu Duc, Trang’s predecessor, left GoViet in March after almost a year being at the company, along with chief growth officer Nguyen Bao Linh.

Given these exits, the Vietnam affiliate of GoJek has seemed to be struggling with retaining its leaders, particularly when the on-demand multi-service platform has had plans to strengthen its foothold beyond its current homeland market of Indonesia.

GoViet nevertheless said in a statement, “We are confident that the existing management team in Vietnam, supported by the knowledge and expertise of our international team, will ensure GoViet continues to create a positive impact while enjoying the exponential growth we’ve seen over the past year”.

In Vietnam, GoViet has a few number of rivals, including Grab and homegrown startups like Be and FastGo. While there is no exact data available on the current market share of FastGo and Be, according to ABI Research, Grab now accounts for some 73 per cent of market share of trips completed in the country.

CEO Group chairman unveils guide to Vietnam real estate for foreigners

CEO Group chairman unveils guide to Vietnam real estate for foreigners

National Focus -  1 month

Doan Van Binh, Chairman of CEO Group and Vice President of the Vietnam National Real Estate Association, introduced his latest book, “Vietnam Real Estate for Foreigners,” at a launch event in Hanoi on Friday.

Women leading the charge in Vietnam's green transition

Women leading the charge in Vietnam's green transition

National Focus -  2 month

Acting for increased women’s participation and leadership in climate action, Vietnam can accelerate a transition that is more inclusive, just, and impactful.

Steam for girls: A journey of passionate and creative girls

Steam for girls: A journey of passionate and creative girls

National Focus -  3 month

The "Steam for girls 2024" competition provides a creative platform for Steam and an opportunity for students to connect with peers from various regions within Vietnam and internationally.

Politburo backs North-South high-speed railway proposal

Politburo backs North-South high-speed railway proposal

National Focus -  3 month

The Politburo on Wednesday supported a plan to invest in a high-speed railway along the country’s North-South axis, marking a crucial step for the multi-billion-dollar project aimed at boosting economic growth and infrastructure development.

Ho Chi Minh City inaugurates Japan-funded wastewater treatment plant

Ho Chi Minh City inaugurates Japan-funded wastewater treatment plant

National Focus -  3 month

Ho Chi Minh City has inaugurated the expanded Binh Hung wastewater treatment plant, now the largest facility of its kind in Vietnam.

Electric vehicle market faces growth hurdles

Electric vehicle market faces growth hurdles

National Focus -  3 month

Vietnam's electric vehicle market, holding just 15 per cent of the automotive market share, shows promise but faces significant challenges in scaling up due to infrastructure and regulatory obstacles.