Ride-hailing market becomes increasingly crowded More and more ride-hailing services are entering the market despite the dominance of the pioneers Grab and Gojek, formerly known as GoViet.

Vehicles providing transport services will have yellow licence plates All vehicles providing cargo and passenger transportation services must change from white licence plates to yellow ones with black letters and numbers from August 1, according to the Traffic Police Department under the Ministry of Public Security.

Appellate court upholds verdict, orders Grab to pay compensation to Vinasun The HCM City Appeals Court on Tuesday (10 March 2020) upheld a December 2018 verdict by a city court ordering Singaporean ride-hailing Grab to pay compensation of VNĐ4.8 billion (US$207,000) to taxi firm Vinasun.

New decree to better regulate ride-hailing firms

The Government’s new decree on automobile transportation is expected to help get the transportation market back on track, according to the Ministry of Transport.

Ride-hailing cars must display taxi signs 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.

PM asks transport ministry to reconsider ride-hailing sign rule On Monday, Prime Minister Nguyễn Xuân Phúc asked the Ministry of Transport to review and potentially reverse its proposal on requiring roof signs for cars driving for ride-hailing apps such as Grab.

Transport minister questioned about long-delayed projects

On Wednesday, Minister of Transport Nguyễn Văn Thể vowed to work with Hà Nội authorities and other authorised agencies to quickly complete safety inspections of Cát Linh-Hà Đông elevated railway.

Lawmakers speed up addressing transport problems

The National Assembly’s Justice Committee on Wednesday asked ministries to analyse shortcomings in road and railway transport.

Move towards digital economy inevitable: forum

Digitisation of the economy is inevitable and would help HCM City achieve sustainable development and resolve its problems like traffic jams, flooding, pollution, and climate change, a forum heard in HCM City yesterday.

 

Tight monetary policy won't have big impact

The State Bank of Việt Nam has shown it is determined to continue with a tight monetary policy for the rest of the year with its decision to refuse to increase bank’s credit limits to constrain inflation and strictly control lending to high-risk sectors.