Vietnam to facilitate sharing economy Business

Vietnam to facilitate sharing economy

Vietnam will create conditions for the development of a sharing economy, Deputy Prime Minister Vuong Dinh Hue said at a recent conference about the compilation of a sharing economy model.
Grab’s acquisition of Uber scrutinised Business

Grab’s acquisition of Uber scrutinised

The Ministry of Industry and Trade (MoIT) has set up a council to scrutinise alleged violations of competition regulations in ride-hailing services firm Grab’s acquisition of Uber’s business in Vietnam.
Red tape to be cut nationwide in 2019 Business

Red tape to be cut nationwide in 2019

2019 will be a busy year for ministries looking to cut business prerequisites, and firms should contribute to making the process more efficient, said Nguyen Dinh Cung, Director of the Central Institute for Economic Management (CIEM).
Ministry rejects Uber’s complaints about tax arrears Business

Ministry rejects Uber’s complaints about tax arrears

The Ministry of Finance rejected the Netherlands-based Uber International Holding BV’s complaints about the decision to collect 67 billion VND, or nearly 3 million USD, in tax arrears in a statement sent to the US-ASEAN Business Council.
Uber, Grab now legal in Malaysia World

Uber, Grab now legal 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).
Hanoi concocts scheme to take personal motorbikes Society

Hanoi concocts scheme to take personal motorbikes

In a move to relieve traffic pressure and environment pollution, Hanoi is considering banning motorbikes entirely by 2030, as well as other measures like fee collection in rush hours and stricter regulations on app-based ride hailing services.