Uber

Update news Uber

The Malaysia Competition Commission (MyCC) has proposed a fine of over 86 million ringgit (20.5 million USD) on ride-hailing firm Grab for violating competition law by imposing restrictive clauses on its drivers.

More players enter Vietnam e-hailing market

Three years ago, the e-hailing market was the playing field of two foreign names, Grab and Uber. Now, the number of firms has increased.

Vinasun appeals VCC’s conclusion on Grab-Uber merger

Vinasun has voiced its opposition to the conclusion of the Vietnam Competition Council (VCC) that the merger between ride-hailing firms Grab and Uber in the country showed no signs of economic concentration.

 

VN Competition and Consumer Protection Authority submits complaint about Grab-Uber ruling

The Vietnam Competition and Consumer Protection Authority (VCA) submitted a complaint about the decision of the Vietnam Competition Authority that Grab's acquisition of Uber does not violate the Competition Law.

No violation found in Grab-Uber deal: VCC

Grab’s acquisition of Uber in Vietnam did not violate the country's competition law, the Vietnam Competition Council (VCC) has said.

 

Battle of ride-hailing apps in Vietnam

After Grab bought up Uber’s ride-sharing business, some new businesses have appeared in the ride-hailing app market and are operating vibrantly, promising cutthroat competition in the future.

 

Technology CEOs change jobs in 2018

The year 2018 saw many well-known CEOs of technology firms change jobs. They included former Microsoft Vietnam CEO Vu Minh Tri, former Uber Vietnam CEO Dang Viet Dung and Facebook Vietnam Country Director Le Diep Kieu Trang.

Competition in ride hailing market enters new period

VietNamNet Bridge - After the departure of Uber, the battle in the ride hailing market has heated up with the participation of many newcomers.

Uber ends Arizona driverless car programme

 Uber has pulled the plug on its self-driving car operation in Arizona two months after a pedestrian was killed in an accident involving one of its cars.

Vietnam’s taxi firms gear up for ride hailing apps

As Uber has lost to Grab in Vietnam and has left the market, Vietnamese are taking advantage of a golden opportunity to jump into the ride-hailing market. 

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.

Uber is selling its South East Asia operations to rival Grab

 Uber is selling its South East Asia ride-share and food delivery businesses to regional rival Grab.

Uber halts self-driving car tests after death

 Uber said it is suspending self-driving car tests in all North American cities after a fatal accident.

BUSINESS IN BRIEF 13/3

Banks enter capital mobilization race, Quality of fruit exported to U.S. needs special attention, HCMC to continue making advance payment for metro project, New decree must ensure tight control on Grab, Uber

Prominent business events in 2017

VietNamNet Bridge - 2017 was the year the government demonstrated strong determination to support the development of enterprises. 

Uber, Grab under tighter supervision

 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.

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.