Contracted Uber and Grab cars are not allowed to run across 13 streets in the capital city during rush hours, 6 – 9 am and 4:30 – 7:30 pm, starting January 11.
The Ministry of Transport has submitted the draft of a new circular that includes regulations for passenger transport (by car) through software such as Uber and Grab.
The Ministry of Finance (MoF) will continue coordinating with the State Bank of Vietnam and other competent authorities to review the use of Malaysian company Grab’s grants from the mother company to its local branch.
In the last three years, ride-hailing applications Uber and Grab have decimated the business of local taxi firms. Now, taxi companies’ foreign shareholders are feeling the pain.
Vietnamese swimmer Nguyen Thi Anh Vien on August 21 won a gold medal in the women’s 100m backstroke category at the ongoing 29th Southeast Asia Games (SEA Games 29) in Malaysia.
Ride-hailing services like Uber and Grab are now legal in Malaysia after the Land Public Transport (Amendment) Bill 2017 was passed on July 27 by the Dewan Rakyat (lower house).
Mekong Delta enterprises should foster connectivity and cooperation, while strengthening the application of high technology in production and business, said Vo Hung Dung, Director of the Vietnam Chamber of Commerce and Industry in Can Tho city.
The Ministry of Transport has clarified on its website that it has not issued any instructions to stop the pilot implementation of passenger e-hailing projects such as Grab and Uber.
Price competition between traditional taxis and ride hailing companies like Grab and Uber has become fierce, but it is mostly the drivers on both sides who are suffering the biggest losses.
Minister of Transport Truong Quang Nghia has announced that State management towards Uber solely aims to ensure that the transportation company’s operations in Vietnam comply with regulations.