Vietnamese ride-hailing market heats up following Grab and Uber merger

by VTV416 April 2018 Last updated at 08:59 AM

VTV.vn - Today marks one week since Uber officially was merged into Grab in Vietnam.

However, Grab hasn’t been able to full take over Uber’s market share, because not all former Uber drivers have switched to Grab. This has created an opportunity for Vietnamese ride-hailing app to develop in the domestic market.

The current confusion in the ride-hailing market has created opportunities for Vietnamese transportation businesses. A variety of incentives for both customers and drivers have been offered, including a 15% discount for drivers from Vato, and  no increased fees during peak hours with Mai Linh taxi's booking app. Thanks to recent developments, the hi-tech ride-hailing market in Vietnam is heating up.

Tags:

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2024-03-29 21:14 UTC

WEATHER FORECAST