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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.

Uber, Grab requested to report revenues and driver number

 The Hanoi Department of Transport has requested Uber and Grab report on their revenues and the number of cars and drivers.

Uber, Grab rankle Vinasun shareholders

 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.

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. 

Uber reviews Asia business over bribery allegations in U.S.: Bloomberg

 Uber Technologies Inc, which is the subject of a federal probe into whether it broke bribery laws, has started a review of its Asia operations and notified U.S. officials about payments made by staff in Indonesia, 

Portland probe finds Uber used software to evade 16 government officials

 A sweeping investigation by the city of Portland, Oregon, found that Uber Technologies Inc used a software tool to intentionally evade 16 government officials whose job it was to regulate the ride-services company, 

Uber reduces fare gap in Ho Chi Minh City

Uber Vietnam’s representative said that its taxi brand UberX will raise fares in Ho Chi Minh City from August 24, closing up with traditional taxi fares.

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. 

Judge says San Francisco can subpoena Uber for driver information

 A California state judge said on Thursday that San Francisco can demand from Uber records containing the ride-hailing company's driver contact information, 

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.

Uber must return stolen Waymo files, can continue self-driving work: U.S. judge

Uber Technologies Inc must promptly return stolen confidential files to Alphabet Inc's Waymo self-driving car unit, a federal judge ruled, while stopping short of shutting down the ride-services company's autonomous car program.

Uber looks to soar with flying taxis by 2020

 After upending the taxi market with its ride-hailing service, Uber Technologies Inc [UBER.UL] is now aiming for the skies with its flying taxis.

Uber, Grab operations in Vietnam to be evaluated

 Deputy Minister of Transport Nguyen Hong Truong asked authorities of provinces where Uber and Grab were providing services to develop a comprehensive evaluation of the operation of the car-hailing services firms.

Uber may face $1 million fine over California drunken-driving complaints

 Uber's popular ride-sharing network has repeatedly failed to promptly suspend and investigate its California drivers when passengers report them driving drunk, 

Uber suspends self-driving car program after Arizona crash

 Uber Technologies Inc [UBER.UL] suspended its pilot program for driverless cars on Saturday after a vehicle equipped with the nascent technology crashed on an Arizona roadway, 

Driven by technology

“Disruption” has now reached down to motorbike taxis.

Uber used secret tool to evade authorities

 Ride services company Uber Technologies Inc [UBER.UL] for years has used a secret tool to avoid authorities in markets where its service faced resistance by law enforcement or was banned,

Uber's self-driving unit quietly bought firm with tech at heart of Alphabet lawsuit

 A company now owned by Uber last year quietly bought a small firm specializing in sensor technology used in autonomous vehicles, giving the ride services company a patent in the technology and possibly a defense