Vietnam Vinasun taxi firm to buy 700 premium cars

News in Asia
Vietnam Vinasun taxi firm to buy 700 premium cars

Leading Vietnamese taxi operator Vinasun is all set to add 700 vehicles to its fleet so that it can compete with ride-hail companies. The firm’s assistant CEO said travellers would be able to book the fleet ride-hailing additions via the Vinasun mobile application.

Ta Long Hy also noted that customers would still be able to book one of the regular Vinasun taxis as before. He finished off by saying that the Vinasun fleet was more than 5,000 strong at the end of the last fiscal year and still offered customers excellent city travel choices.
 
In Ho Chi Minh City, Transport Division vice-director Le Huang Minh confirmed Vinasun had been granted provisional licences to operate ride-hail services here. He added that the service would be launched in another seven locations nationwide which also included seaside hotspot Danang.  

At a shareholders meeting three months ago, Vinasun’s management stated that profits were dropping as the company’s traditional customer base was being eaten away by GrabTaxi and Uber. The unexpected downturn in profits triggered the decision to enter the ride-hail market.

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