Vietnam spends $1.4 bln on food delivery in 2023, up 30%: Momentum Works
Food delivery services in Vietnam reached a gross merchandise value (GMV) of $1.4 billion in 2023, up 30% year-on-year, according to Singapore-based market researcher Momentum Works.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnamese ride-hailing firm Be secures $30 mln from local broker VPBank Securities
Vietnamese ride-hailing firm Be Group, a rival of market leaders Grab and Gojek, has secured an investment of VND739.5 billion ($30.3 million) from VPBank Securities.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Korea, Germany-invested food courier Baemin to leave Vietnam after 4 years
Baemin Vietnam, a food courier jointly invested by South Korea’s Woowa Brothers and Germany’s Delivery Hero, will stop operating in Vietnam from December 8, the firm announced on Friday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Tech-based taxi game: attractive but not easy to play
Since the inception of Uber of the U.S and Malaysia’s Grab in the Vietnamese market in the period 2012-2013, many tech-based taxi brands have entered the market share race. But very few can survive due to Vietnamese user habits and other reasons.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Grab fined for using Vietnam map with inaccurate island info
Ride-hailing platform Grab has been fined VND60 million ($2,600) for using a map that shows incorrect information about Vietnam's island sovereignty.
Society - Mon, Dec 22, 2021 | 11:30 am GMT+7
Grab Vietnam appoints new managing director
Alejandro Osorio, former head of Grab Thailand, was appointed managing director of Grab Vietnam on Tuesday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Ride-hailing firm scores $60 mln Deutsche Bank expansion loan
Deutsche Bank AG has provided Vietnam’s Be Group, a Grab and Gojek rival, with a loan facility of at least $60 million to expand its ride-hailing, food delivery, and digital banking services.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Ex-Grab Vietnam CEO new Apple country director
Nguyen Thai Hai Van, who resigned from her post as Grab Vietnam managing director in April, has taken the role of Apple country director in the Vietnamese market.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Grab Vietnam’s heatwave surcharge for bike partners: Group CEO
Grab’s heatwave surcharge on its motorbike services in Vietnam is for its partnered drivers, Grab Holdings CEO Anthony Tan said Tuesday in Hanoi.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Grab Vietnam reports $12.8 mln loss in 2021
Ride-hailing firm Grab Vietnam saw a loss of VND300.5 billion ($12.82 million) last year after recording a $10.36 million profit in 2020.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Consumer protection authority asks Grab to explain 'hot weather' surcharge
The Vietnam Competition and Consumer Authority has asked Grab Vietnam to clarify its charges and surcharges by July 18 as the ride-hailing company applied “hot weather” surcharges starting July 6.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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- Editor’s Picks
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No offshore wind projects in Vietnam until 2028: global council
-
Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
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Techcombank plans 10% stake issue to foreign strategic investors
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Vietnam needs to build more highways: logistics firm exec
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Vietnam central bank pumps cash to save troubled lender SCB
