Vietnamese taxi firm Vinasun announces $25mn investment in hybrid cars amidst EV trend
The firm intends to invest VND630-650 billion (US$24.8-25.6 million) in purchasing 700 hybrid cars
The firm intends to invest VND630-650 billion (US$24.8-25.6 million) in purchasing 700 hybrid cars
His act raised Tuoi Tre readers’ hackles
The 18-month-long legal battle between the two companies is a rare case of a taxi firm suing a ride-hailing rival over lost revenue
Vinasun blamed profit losses amounting to $1.8 million on Grab's entry into the market
This is the third adjournment since the lawsuit was first heard in February 2017
Suing over poor performance only promotes a less competitive market, a local lawyer says
Vinasun accuses Grab of stealing 74 percent of their customers, causing losses of US$1.77 million
The reserves management entity accepted a loss of VND120 billion ($5.28 million) to exit the Vietnamese taxicab company
Vinasun accused Grab of being responsible for its multimillion-dollar losses