Vietnamese company launches electric taxi service in Indonesia

Vietnam's Green and Smart Mobility (GSM) JSC officially launched its Xanh SM electric taxi service in Indonesia on December 18.

The Green and Smart Mobility JSC, which was established by billionaire Pham Nhat Vuong - Founder and Chairman of the Board of Directors of private conglomerate Vingroup, chose Indonesia as its second overseas market after Laos.

Dr. Pak Riyatno, Deputy for Investment Climate Development at the Indonesian Ministry of Investment and Downstream Industry, expressed his confidence that Xanh SM’s presence in Indonesia would not only encourage domestic and foreign investments in the green economy but also create new opportunities for innovation, job creation, and improved living standards for Indonesians.

This marks the first time an electric taxi service has been launched in Indonesia, which is expected to meet the increasing demand for transport during the upcoming Christmas and New Year holidays./.