Workers set up a car ban pole on Giảng Võ Street, Hà Nội. - Photo zing.vn Viet Nam News HÀ NỘI — Hà Nội has decided to ban Uber and Grab cars on 13 streets during rush hours in an effort to tackle increasing traffic jams. The city’s Department of Transport has, so far, installed signs prohibiting taxis and nine-seater commercial cars and smaller ones, including those of popular transportation networks Uber and Grab, on nine out of 13 streets. The ban is due to go into effect from Thursday. Accordingly, commercial cars will not be allowed to run between 6 and 9am and from 4.30 to 7.30pm. The streets on which the cars are banned are Hoàng Hoa Thám, Mai Xuân Thưởng, Giảng Võ and Láng Hạ, as well as Lê Văn Lương, Trường Chinh, Khâm Thiên and Hàng Bài, in addition to Phủ Doãn, Xuân Thủy, Cầu Giấy, Giải Phóng and the Chương Dương Bridge on the lane from Long Biên District to the city centre. Department director Vũ Văn Viện said the ban was aimed at reducing the … [Read more...] about Uber, Grab cars banned on 13 streets
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Việt Nam, Malaysia to step up strategic partnership
Việt Nam and Malaysia have agreed to increase visits at all levels and through all channels alongside boosting people-to-people exchanges to advance the their bilateral strategic partnership. — VNA/VNS Photo Hoàng Nhương KUALA LUMPUR – Việt Nam and Malaysia have agreed to increase visits at all levels and through all channels alongside boosting people-to-people exchanges to advance the their bilateral strategic partnership. The consensus was reached during Deputy Prime Minister Trương Hòa Bình’s July 11-13 visit to Malaysia at the invitation of his Malaysian counterpart Ahmad Zahid Hamidi. Bình met yesterday with Senate President Sanasee Vigneswaran and held talks with his Malaysian counterpart Ahmad Zahid Hamidi. He also met with UMNO Secretary-General Tengku Adnan bin Tengku Mansor, and hosted receptions for President of the Court of Appeal Raus bin Sharif, Attorney-General Mohamed Apandi bin Ali and Minister in charge of the National Security Council Shahidan bin Kassim. … [Read more...] about Việt Nam, Malaysia to step up strategic partnership
Antitrust regulator expands probe into Grab’s Uber takeover
Antitrust regulator expands probe into Grab’s Uber takeover By Thanh Thom A Grab driver is seen riding a passenger on a street in HCMC – PHOTO: THANH HOA HCMC – The Vietnam Competition Authority (VCA), under the Ministry of Industry and Trade, is launching a wider investigation into the Singapore-based ride-hailing firm Grab’s acquisition of its competitor Uber Technologies’ operations in Vietnam over signs of breaching market concentration rules. The Vietnam Competition Authority said in a February 12 statement on its website that a committee responsible for the in-depth investigation into Grab's Uber takeover deal had reviewed paperwork and held various meetings so that the relevant sides could express their views on legal and practical issues. Given the new circumstances arising from the information, documents and evidence provided, Deputy Minister of Justice Phan Chi Hieu, on behalf of the committee, signed a decision early this month asking the VCA to carry … [Read more...] about Antitrust regulator expands probe into Grab’s Uber takeover
No economic concentration in Grab-Uber deal, says Vietnam
No economic concentration in Grab-Uber deal, says Vietnam The Saigon Times Daily The logos of Uber and Grab are seen in this file photo. The Vietnam Competition Council has announced the merger of Grab and Uber fails to form economic concentration - PHOTO: REUTERS HCMC – The Vietnam Competition Council (VCC) has concluded that there are no signs of economic concentration in the merger between ride-hailing firms Grab and Uber after a closed-door meeting held on June 11, the local media reported today, June 19. According to a statement released by the VCC, it has rejected the requests by the agencies concerned to impose sanctions on the acquisition deal, having studied and verified the facts of the case, collected testimonies and discussed the evidence. The acquisition, transfer and takeover between the two enterprises fails to form economic concentration as defined by the Law on Competition and a government decree guiding the execution of the law, the statement … [Read more...] about No economic concentration in Grab-Uber deal, says Vietnam
Vinasun appeals VCC’s conclusion on Grab-Uber merger
Vinasun appeals VCC’s conclusion on Grab-Uber merger By Hong Ngoc Vinasun taxis on a street in HCMC. Vinasun has voiced its opposition to the conclusion of the Vietnam Competition Council over the Grab-Uber merger - PHOTO: LE ANH HCMC - HCMC-based taxi operator 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. VCC had earlier concluded that the merger did not violate the Competition Law , which is contrary to both Singapore’s and the Philippines’ rulings for the same case. Singapore's competition watchdog in September last year fined Grab and Uber a combined 13 million Singapore dollars (US$9.6 million) for their merger. Meanwhile, they faced a fine of 16 million pesos (US$0.3 million) in the Philippines. These two countries’ competition watchdogs also took steps to supervise and control Grab’s operations, … [Read more...] about Vinasun appeals VCC’s conclusion on Grab-Uber merger
Vinasun’s suit against Grab comes to the court
The HCM City People’s Economic Court on Wednesday began hearing the suit filed by taxi operator Vinasun against ride-hailing service Grab, accusing it of unfair business practices and demanding compensation of the VNĐ42 billion (US$1.86 million) worth of losses it has suffered. — Photo vietnamnet.vn HCM CITY — The HCM City People’s Economic Court on Wednesday began hearing the suit filed by taxi operator Vinasun against ride-hailing service Grab, accusing it of unfair business practices and demanding compensation of the VNĐ42 billion (US$1.86 million) worth of losses it has suffered. Once earlier the court had begun the trial but deferred it on Grab’s request. At the trial on Wednesday, Grab once again asked for an adjournment because Cửu Long Company, which had been in charge of assessing the losses suffered by Vinasun, was not represented in court. It claimed defining the losses would be very important and would affect the entire trial. But HCM City People’s Procuracy … [Read more...] about Vinasun’s suit against Grab comes to the court
Vietjet puts millions of promo tickets on offer
Vietjet puts millions of promo tickets on offer The Saigon Times Daily A Vietjet flight attendant serve passengers on board. Vietjet has announced the availability of millions of promotional tickets - PHOTO: VIETJET HCMC - Vietjet has announced the availability of millions of promotional tickets at prices starting from VND2020 for flights from the northern and central regions to the southern localities, taking off between September 5 and March 28 next year. These tickets will be available from August 15 to 22 on www.vietjetair.com and the Vietjet Air mobile app. Moreover, to meet the demand from early birds for the Lunar New Year holiday, or Tet, Vietjet has started selling tickets, priced from VND199,000, excluding taxes and fees, for flights from HCMC to the central region, while tickets for flights from HCMC to the northern provinces, with a flight period from January 9 to February 10, 2020, are priced from VND900,000. The promotional tickets are applicable to … [Read more...] about Vietjet puts millions of promo tickets on offer
VNA to offer promo tickets to Southeast Asian destinations
VNA to offer promo tickets to Southeast Asian destinations By Le Anh Passengers disembark from an aircraft operated by Vietnam Airlines. VNA ticket holders who do not have checked baggage can buy cheaper tickets from May 20 – PHOTO: LE ANH HCMC – National flag carrier Vietnam Airlines (VNA) will launch promotional tickets, excluding fees for checked baggage, from May 20 for international flights between Vietnam and Thailand, Singapore, Malaysia and Indonesia. Passengers who do not bring any checked baggage can enjoy four-star services on VNA flights to these Southeast Asian countries, with each roundtrip ticket priced from VND350,000 each (excluding taxes and fees), down a staggering 50% compared with tickets that have checked baggage fees included. Also, passengers will still be allowed to bring one piece of hand baggage weighing up to seven kilograms and will be served in-flight meals. If passengers have unplanned checked baggage, they can buy pre-paid baggage … [Read more...] about VNA to offer promo tickets to Southeast Asian destinations
Saigontourist set to offer promo tours at travel fair
Saigontourist set to offer promo tours at travel fair By Minh Bao Breathtaking terraced paddy fields in northern Vietnam. Saigontourist will offer a host of promotional tours at VITM 2019 - PHOTO: COURTESY OF SAIGONTOURIST HCMC – Saigontourist Holding Company will take part in the Vietnam International Travel Mart (VITM) 2019 in Hanoi from March 27 to 30, with a slew of promotional tours and services up for grabs. Saigontourist’s members joining the event at the Hanoi International Exhibition Center include Saigontourist Travel Service Company, Rex Hotel, Majestic Hotel, Grand Hotel, Continental Hotel, Kimdo Hotel, First Hotel, Saigon-Halong Hotel, Saigon-Phu Tho Hotel, Saigon-Phu Yen Hotel, and Saigon-Phu Quoc Resort & Spa. Saigontourist will provide VITM 2019 visitors with numerous attractive promotions for tours, room rates, food and beverage services, convention and entertainment services, and many gifts and vouchers. Guests can receive discounts of up to … [Read more...] about Saigontourist set to offer promo tours at travel fair
ASEAN reps endorse VN East Sea code proposal
Deputy Prime Minister and Foreign Minister Phạm Bình Minh addresses the 72nd Session of the UN General Assembly (GA) in New York.VNA/VNS photo Hữu Hoàng Viet Nam News NEW YORK — ASEAN foreign ministers have endoresed a proposal by Deputy Prime Minister and Foreign Minister Phạm Bình Minh for the ASEAN-China Summit in November to issue an official statement on the start of negotiations over a Code of Conduct for the East Sea. Addressing his counterparts from the Association of Southeast Asian Nations at a meeting on the sidelines of the 72nd session of the UN General Assembly in New York on Saturday, Minh stressed the significance of maintaining stability, overflight and maritime security in the East Sea (South China Sea) for regional peace. He called on concerned parties to adhere to the principles of peaceful settlement of disputes, in line with international law, including the 1982 UN Convention on the Law of the Sea. ASEAN and China should make … [Read more...] about ASEAN reps endorse VN East Sea code proposal