Grab’s acquisition of Uber opens the door for Vietnamese businesses to enter the ride-sharing market, said Khuat Viet Hung, vice chairman of the Viet Nam National Safety Traffic Committee.
Uber Viet Nam has confirmed that CEO Dang Viet Dung stepped down from his post on October 1 after three years of running the ride hailing service firm in the country.
The Ministry of Transport has approved Uber Viet Nam’s pilot project of applying technology in managing and connecting under-contract passenger transportation.
Ride-hailing firm Uber on Tuesday entered into a co-operation deal with the Viet Nam Youth Federation (VYF), a social organisation of Vietnamese youths aided by the government to mentor start-ups.