Changes in its business model and operation helped taxi firm Vinasun avoid bankruptcy last year.
The HCM City Superior People’s Procuracy proposed that the HCM City Superior People's Court overturn the decision of the HCM City People’s Court made in December that said ride-hailing firm Grab must compensate local taxi firm Vinasun for alleged losses the latter had allegedly suffered.
The HCM City court on Friday ordered ride-hailing firm Grab to pay VNĐ4.8 billion (US$210,300) worth of compensation to local taxi firm Vinasun.
The HCM City People’s Court on Friday adjourned trial proceedings brought against ride-hailing service Grab by Vinasun taxi company, which has accused Grab of unfair business practices and demanded compensation of VNĐ41.2 billion (US$1.756 million) for losses it has suffere
The HCM City People’s Economic Court has once again adjourned the suit filed by taxi operator Vinasun against ride-hailing service Grab, which accuses it of unfair business practices and demands compensation.
At a trial in HCM City on 23 October a government prosecutor said ride-hailing company Grab’s operations have caused losses to taxi giant Vinasun.
GIC Pte, Singapore’s sovereign wealth fund, has made huge investments in large Vietnamese firms such as VinHomes, Vietjet, Techcombank and Masan.
The HCM City People’s Economic Court on Wednesday began hearing the suit filed by taxi operator Vinasun against ride-hailing service Grab, accusing it of unfair business practices and demanding compensation of the VNĐ42 billion worth of losses it has suffered.