Three years ago, the e-hailing market was the playing field of two foreign names, Grab and Uber. Now, the number of firms has increased.

Vinasun has voiced its opposition to the conclusion of the Vietnam Competition Council (VCC) that the merger between ride-hailing firms Grab and Uber in the country showed no signs of economic concentration.

The Vietnam Competition and Consumer Protection Authority (VCA) submitted a complaint about the decision of the Vietnam Competition Authority that Grab's acquisition of Uber does not violate the Competition Law.

Grab’s acquisition of Uber in Vietnam did not violate the country's competition law, the Vietnam Competition Council (VCC) has said.

After Grab bought up Uber’s ride-sharing business, some new businesses have appeared in the ride-hailing app market and are operating vibrantly, promising cutthroat competition in the future.

The year 2018 saw many well-known CEOs of technology firms change jobs. They included former Microsoft Vietnam CEO Vu Minh Tri, former Uber Vietnam CEO Dang Viet Dung and Facebook Vietnam Country Director Le Diep Kieu Trang.

VietNamNet Bridge - After the departure of Uber, the battle in the ride hailing market has heated up with the participation of many newcomers.

 Uber has pulled the plug on its self-driving car operation in Arizona two months after a pedestrian was killed in an accident involving one of its cars.

As Uber has lost to Grab in Vietnam and has left the market, Vietnamese are taking advantage of a golden opportunity to jump into the ride-hailing market. 

VietNamNet Bridge - Ngo Dong Giang from Hung Yen province and his younger brother spent last week looking for new jobs. They both were taxi drivers for Uber, which has sold its local business to Grab. 

VietNamNet Bridge - Lawyers, citing current regulations, say that it will be very difficult to collect tax debts from Uber, which has sold its Vietnam business to Grab. 

VietNamNet Bridge - Competing with traditional taxis and avoiding tax, Uber gained ill fame during its operation in Vietnam. However, it helped energized the taxi market and create an ‘e-hailing’ culture.

VietNamNet Bridge - Uber, Grab and Easy Taxi spent big money to fight for market share in Vietnam. But after five years, two of them have left the playing field.

 Uber is selling its South East Asia ride-share and food delivery businesses to regional rival Grab.

 Uber said it is suspending self-driving car tests in all North American cities after a fatal accident.

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VietNamNet Bridge - 2017 was the year the government demonstrated strong determination to support the development of enterprises. 

 The Ministry of Transport has submitted the draft of a new circular that includes regulations for passenger transport (by car) through software such as Uber and Grab.

Vietnamese lawyers suggest that Vietnam should manage Uber as a transportation firm using a ride-hailing application, based on the European Court of Justice (ECJ)’s decision that Uber is a taxi service.