New applications enter Vietnam's ride-hailing market

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HANOI (Vietnam News/ANN): The Vietnamese ride-hailing market has witnessed the entry of two new apps, Unicar and ZuumViet.

Unicar is a ride-hailing app developed by a group of young people in the central province of Nghệ An, with services such as ride-hailing, deliveries and car rental at low costs.The Unicar application is currently being tested in Vinh City, and will expand to Huế and Đà Nẵng in the near future.ZuumViet has chosen purple shirts to identify the brand.Before ZuumViet and Unicar appeared, the ride-hailing market was already fierce with brands such as Grab, GoViet, Be and FastGo.

There were 200 million rides completed through applications in the first six months of last year in Vietnam, reported ABI Research.Second place went to Be, which joined the market in December 2018, with 31 million rides, gaining a 16 per cent market share.To compete with new applications appearing on the market, Grab recently introduced an “Advance Booking” service in Hanoi.Grab plans to test the service in Hanoi this month before rolling out in other provinces and cities in the near future.

With the new service, we look forward to continuing to bring more convenient and smarter experiences to GrabCar users, thereby contributing to a sharing, seamless and smarter mobility future for our customers, said Nguyễn Thái Hải Vân, CEO of Grab Việt Nam. Meanwhile, GoViet has released a report on its food delivery services over Lunar New Year, from Jan 17 to Feb 2.These orders marked a revenue increase for its partners of 120 per cent compared to last year’s holiday. — Vietnam News/Asia News Network

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