Hanoi (VNS/VNA) - Bolt, an Estonian ride-hailing start-up, plans to enter Vietnam's market by launching a serওies of recruitment ads on social media.
In addition to drivers, the company is looking to recruit various support positions, including operators and an experienced customer support team leader in Ho Chi Minh City.
Similar to other popular ride-hailing applications such as Grab or Be, Bolt expects to provide basic services, including transport, grocery shopping and food delivery.
In addition, the application also deploys a number of other services, such car and two-wheeler rentals and service packages for corporate customers.
Bolt has expanded its operations to Southeast Asia after launching its service in Thailand in 2020, focusing mainly on major cities such as Bangkok, Phuket and Chiang Mai.
By the end of 2024, Bolt expanded its business to Malaysia, marking an important step in its regional development strategy.
The ride-hailing market in Vietnam is witnessing fierce competition between domestic and foreign companies.
The country's ride-hailing market value is estimated at 880 million USD in 2024 and expected to reach 21.6 billion USD by 2029, growing at a compound annual growth rate of 19.5%, according to a recent report by India-based market research firm Mordor Intelligence.
With Vietnam's rapidly growing urban population combined with the lack of public transportation options, and increasing traffic congestion, the demand for private transport models continues to rise./.
Vietnam’s ride-hailing market value is estimated at 880 million USD in 2024 and expected to reach 21.6 billion USD by 2029, growing at a compound annual growth rate of 19.5% during the forecast period, according to a recent report by India-based market research firm Mordor Intelligence.
From November 9, residents in Vientiane capital city and foreign tourists to Laos can easily book an electric taxi of Green & Smart Mobility (GSM), a Vietnamese ride-hailing company, through the Xanh SM Laos application on the App Store and Play Store, or also rent an electric car directly on the road.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
