JavaScript is off. Please enable to view full site.

Vietnam taxi giant Mai Linh eyes transformation into tech-based firm

Thursday, July 30, 2020, 10:47 GMT+7
Vietnam taxi giant Mai Linh eyes transformation into tech-based firm
Mai Linh taxicabs are parked at a parking lot at Tan Son Nhat International Airport in Ho Chi Minh City, Vietnam in this undated file photo. Photo: T.L. / Tuoi Tre

Vietnamese taxicab firm Mai Linh announced a plan to grow into a tech-based company at its annual shareholders’ meeting in Ho Chi Minh City on Tuesday.

In the plan, the taxi giant pledges to promote technology application, changing from a traditional taxi brand to a tech-based taxi firm and developing its transport ecosystem to meet the increasingly diverse needs of customers.

Mai Linh said it expects to manage 20,000 tech-based taxicabs by 2021, gain market share and change its business activities in a dynamic and modern way to bring new experiences to customers.

In July, the Ho Chi Minh City-based taxi firm started piloting two tech-based taxi services — SmartCar and Smart Taxi —in the north-central province of Nghe An.

Customers in Nghe An can book a taxi via Mai Linh’s mobile app, by calling its hotlines or hail one at one of the firm’s marketing points.

All fees are calculated in advance on the app while customers can pay for their rides with bank cards, vouchers, QR codes, e-wallets or Mai Linh’s top-up cards for their convenience.

With an aim to diversify the services in its transport ecosystem, Mai Linh is also penetrating the market of waterway transport, with a high-speed boat service connecting Can Tho City with Con Dao Island off Ba Ria-Vung Tau Province to be officially put into operation this year.

According to its consolidated financial statements in 2019, Mai Linh Group reported net revenue of over VND2.2 trillion (US$95 million) and before tax profit of VND2 billion ($86,413), with total assets of VND4.8 trillion ($207.3 million).

Tuesday’s meeting set the target net revenue of VND1.7 trillion ($73.4 million) and before tax profit of VND39 billion ($1.7 million) for 2020 and to increase the number of Mai Linh taxicabs to 30,000 cars from just over 17,000.

Like us on Facebook or follow us on Twitter to get the latest news about Vietnam!

Tuoi Tre News


Read more




Vietnamese youngster travels back in time with clay miniatures

Each work is a scene caught by Dung and kept in his memories through his journeys across Vietnam

Experience summer sand-boarding in Mui Ne

Sand-boarding, a popular activity amongst local children in the coastal tourism town of Mui Ne in south-central Vietnam, is attracting hundreds of tourists to the Red Sand Dunes

Young maple trees given better protection as Hanoi enters rainy season

The trees are currently growing well, with green leaves and healthy branches.

Hunting skinks for food in southern Vietnam

Skink meat is known to be soft, tasty, and highly nutritious.

Vietnamese-made app allows people to grow real veggies via smartphone

Nguyen Thi Duyen, a young engineer in Hanoi, developed the app and its related services to help busy people create their own veggie gardens.

Latest news

Vietnam, US share aligned interests, vision: Ambassador Kritenbrink

U.S. Ambassador to Vietnam Daniel Kritenbrink is known as the ambassador of “the firsts” for his historic visits to Truong Son National Cemetery in Quang Tri Province and Ham Rong Bridge in Thanh Hoa Province. During his tenure, two U.S. aircraft carriers visited the Southeast Asian country.