Indonesia–based ride-hailing and delivery service app Gojek has decided to exit Việt Nam from September 16 as a step towards focusing its operations in major markets with higher growth potential.
According to market researchers, Grab has maintained its position as the largest player however, Vietnamese companies such as Xanh SM and Be have also grabbed market share.
The ride-hailing job market in HCM City has seen increasing competition in already harsh conditions as many laid-off factory workers have taken up the job, according to experts.
Ride hailing app Gojek said it would provide all its customers in HCM City with two ride vouchers worth VND40,000 each (US$1.7) for booking motorbike rides to and from COVID-19 vaccination centres.
Earlier this month the Government’s amendment of tax regulations for ride-hailing services, which increases the tax they actually pay, was a topic of hot debate in the media.
The number of Vietnamese using ride-haling services has increased rapidly in recent years, signalling the potential for the development of the sharing economy in the country.
E-wallet MoMo and ride-hailing app be on Tuesday officially co-operated to provide services to customers with an aim to bring Made-in-Việt Nam products to more Vietnamese people.
The Ministry of Transport will bring to a close the pilot scheme for electronic contract-based passenger transportation, popularly known as ride-hailing services, on March 31.
All cars providing passenger transportation services via ride-hailing applications will be treated like taxis from the beginning of April, when the pilot project for tech-based cars ends.