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.
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.
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.
The Ministry of Industry and Trade has set up a council to scrutinise alleged violations of competition regulations in ride-hailing services firm Grab’s acquisition of Uber’s business in Viet Nam.
An alliance of 17 domestic taxi companies with a total of 12,000 vehicles makes debut on Monday, which aimed to enhance the services quality to compete with ride hailing services company Grab.
The bumpy road thus far for ride-hailing companies Uber and Grab in Viet Nam could well end in a jagged cliff as authorities turn the scanner on their operations, tax practices and competition with domestic taxi operators.