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High-tech e-economy shaking up traditional modes of business

VietNamNet Bridge - Ngo Dong Giang from Hung Yen province and his younger brother spent last week looking for new jobs. They both were taxi drivers for Uber, which has sold its local business to Grab. 

Vietnam likely to be loser in debt claim battle with Uber

VietNamNet Bridge - Lawyers, citing current regulations, say that it will be very difficult to collect tax debts from Uber, which has sold its Vietnam business to Grab. 

Uber sells stake to Grab after launching ‘e-hailing culture’ in Vietnam

VietNamNet Bridge - Competing with traditional taxis and avoiding tax, Uber gained ill fame during its operation in Vietnam. However, it helped energized the taxi market and create an ‘e-hailing’ culture.

As Uber leaves, ride hailing apps enter new period

VietNamNet Bridge - Uber, Grab and Easy Taxi spent big money to fight for market share in Vietnam. But after five years, two of them have left the playing field.

Burning question: Uber and Grab’s legal status

Vietnamese lawyers suggest that Vietnam should manage Uber as a transportation firm using a ride-hailing application, based on the European Court of Justice (ECJ)’s decision that Uber is a taxi service.

VN to review Uber, Grab

Transport regulations will be reviewed to ensure a fair business environment for firms, Deputy Minister of Transport Le Dinh Tho said at a conference on Tuesday.

The battle among app-based motorbike taxis

Mai Linh group, a well known taxi firm, has officially joined the app-based motorbike taxi market with its Mai Linh Bike service provided in HCMC, Hanoi and Da Nang, after one month of trial.

Uber, Grab, Bitcoin and Vietnam’s digital economy

The fierce opposition by traditional taxi firms to Uber and Grab, the uncertainty of state management of bitcoins all show that it is necessary to amend the legal framework in the context of the digital economy.

Grab, Uber tax inspection results announced

 Both Uber and Grab Taxi have reported losses, with Grab Taxi incurring VND938bn (USD41.3m) in losses due to too much promotion, discount programmes and subsidies to drivers.

Is there an end for Uber in Vietnam?

VietNamNet Bridge - Analysts believe that Uber is in big crisis, with Uber Vietnam confirming the resignation of Dang Viet Dung from the post of CEO. 

As online sales boom, fast-delivery services thrive

VietNamNet Bridge - Many businesses, from startups to big express delivery firms, have jumped into the market of fast delivery services for online shops.

Traditional taxi firms’ e-hailing apps struggle to keep up with Grab, Uber

To compete with Grab and Uber, traditional taxi firms have begun providing e-hailing services. However, if people want a traditional taxi, they should call the operator rather than use an app.

Taxi e-hailing services boom as Uber, Grab take more market share

VietNamNet Bridge - Besides Uber and Grab, seven more taxi firms have joined the so-called ‘technology taxi’ market, providing convenient services at low prices. 

Grab, Uber reject accusations of tax evasion

 Both Grab and Uber as major ride-hailing firms in Vietnam have rejected as groundless accusations of tax evasion by traditional taxi companies, saying they abide by all requirements by tax and administrative authorities in the country.

Rough ride

Traditional taxi companies have their work cut out staving off the attack from ride-hailing apps.

Uber, Grab conquer airport taxi market

VietNamNet Bridge - Uber and Grab have begun providing taxi services at airports, the market that traditional taxi firms typically have dominated.

Driven by technology

“Disruption” has now reached down to motorbike taxis.

Grab raises $750 million to take on Uber in Southeast Asia

 Grab, the biggest rival to ride-sharing service Uber Technologies Inc [UBER.UL] in Southeast Asia, has raised $750 million in a funding round, turning up the heat on the U.S. firm now seeking to expand in the region after exiting China.

Resources employed

Nguyen Manh Dzung, Head of the Vietnam & Thailand Office of CyberAgent Ventures, spoke about the challenges for and the potential of the sharing economy model in Vietnam.