Vietnamplus

More and more ride-hailing services are entering the market despite the dominance of the pioneers Grab and Gojek, formerly known as GoViet.

All cars providing passenger transportation services via ride-hailing applications will be treated like taxis from the beginning of April, when the pilot project for tech-based cars ends.

The Vietnamese ride-hailing market has witnessed the entry of two new apps, Unicar and ZuumViet.

Total outbound Vietnamese investment reached 431.7 million USD in the first nine months of this year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

Nguyen Huu Tuat launched a Vietnamese ride-hailing firm a year ago, with dreams of scaling up the business overseas.

As Vietnam, one of the hottest startup hubs in the world, is welcoming a huge wave of venture capital, its tech startup firms are expected to quickly reach the unicorn status, which means they are valued 1 billion USD or more, according to insiders.

Viettel Post, the delivery arm of Viettel Group, has developed ride-hailing app MyGo for car, motorbike, delivery and transport services.

Northern Vietnam Helicopter Company under Vietnam Helicopter Corporation has launched its Ha Long Bay scenic tour service - Halong Heli Tours.

The Northern Vietnam Helicopter Company under the Vietnam Helicopter Corporation has launched its Ha Long Bay scenic tour service - Halong Heli Tours in northeastern Quang Ninh province.

Vietnamese ride-hailing firm FastGo on April 11 announced its plan to launch the country’s first helicopter ride-hailing service - FastSky - in Hanoi by the end of this month.

The Ministry of Transport has chosen to manage ride-hailing services in the same way as traditional taxis.

VinaCapital Ventures, a Vietnam-focused venture capital platform, announced on March 15 that it has successfully invested in the tech startups of UrBox and Wee Digital.

Vietnamese technology Be Group Corporation on December 13 launched its riding-hailing platform, with BeBike and BeCar services.

The fourth Industrial Revolution will create new industries, which are expected to give new momentum to Vietnam’s economic growth, said an economic expert.

The first-ever Vietnam Digital Awards were presented at a ceremony in Hanoi on November 19, honouring organisations and individuals excelling in providing or applying digital technologies aimed to improve customers’ experience.

FastGo Vietnam signed a memorandum of understanding with Asia Sun Group on November 14 in Hanoi to launch its ride-hailing app in Myanmar next month.

Ride-hailing app FastGo has officially launched its services in the southern provinces of Dong Nai and Binh Duong, continuing its expansion plan.

VinaCapital - the leading investment management group in Vietnam - on August 30 announced the establishment of VinaCapital venture capital fund at a scale of 10 million USD, aiming to continue its investment strategies in technology startups.

The ride-hailing application FastGo will debut in Ho Chi Minh City this month, giving another choice of travel and payment methods for customers of the city.