Ride-hailing app FastGo on Monday officially launched its services in the southern provinces of Dong Nai and Binh Duong, continuing its expansion plan.

Nguyen Huu Tuat, FastGo Viet Nam’s general director, said the provinces are adjacent to HCM City with high traffic and customers moving between cities. FastGo is available in all cities to help customers move safely, while reducing the number of empty passenger hubs. There are about 1,000 vehicles operating in these two provinces.

Launched in June, FastGo is a ride-hailing app developed by a Vietnamese company, and drivers pay VND30,000 (US$1.3) to FastGo if they earn more than VND400,000 per day.

It has also committed to keep fares unchanged during peak periods, while offering regular promotions.

The app has started operations in three big cities of Ha Noi, Da Nang and HCM City with more than 30,000 drivers and over one million kilometres successfully travelled so far.

FastGo received investment from VinaCapital in August and is mobilising capital in the second round of up to $50 million to expand its operations to other Southeast Asian countries including Indonesia and Myanmar.

FastGo plans to introduce services in Ha Long and Nha Trang at the beginning of November. Food delivery are planned for launch by the end of the year. — VNS