In a proposal submitted to the Da Nang Department of Information and Communications, the local Traffic Safety Committee wrote that the unauthorized operations of Uber and Grab could worsen traffic in the city. Central city's Traffic Safety Committee claims ride-sharing apps add to traffic congestion and is seeking to have internet providers block access. The committee asked the department to have internet providers block access to Uber and Grab apps and also asked police to investigate and punish any individual or organization found to be offering transport services illegally in the city. Department Director Mr. Nguyen Quang Thanh confirmed with local media on March 4 that the proposal is under consideration but more time is needed for study before advising the city’s government on a final decision. The latest move comes after Da Nang, on November 25, declined to run a pilot car hailing project by Grab. In a statement sent to the Ministry of Transport, … [Read more...] about Uber & Grab hit roadblock in Da Nang
Uber grab promo
E-wallet is increasingly popular in the country’s large urban areas. Many e-wallet companies in Vietnam have suffered losses, but they have still received capital from investors who expect to gain a large share in the potential market in the coming time. Despite being listed among the top 10 e-wallets in the market, Momo and ZaloPay were estimated to make losses by the end of last year, with VND1 trillion (US$42.92 million) for Momo and VND177 billion (US$7.59 million) for ZaloPay. E-wallet is increasingly popular in the country’s large urban areas, but only a few wallets have real users and the competition in the market is tough. Pham Thanh Duc, CEO of MoMo, admitted that the market competition is cutthroat and it is not a ‘tidbit’ for fintechs. With the commission of below 1%, e-wallet providers need to attract millions of users and billions of transactions to get the expected profits. E-wallet is not a lucrative field as people thought, Duc said, adding … [Read more...] about Investors keep pouring money into e-wallet despite losses
Nhip Cau Dau Tu quoted its sources as reporting that the deal began half a year ago and LINE is now holding a controlling stake in the Tre Tho Information Service JSC, which runs webtretho.com. Established in 2002, and receiving investment capital from IDG Ventures, webtretho.com is now a forum for women with the highest number of visits. According to similarweb, there are over 13 million visits to webtretho each month and the forum ranks 91st out of 100 most visited websites in Vietnam. Webtretho.com has annual revenue of US$2 million. IDG Ventures once planned to use webtretho.com as a ‘springboard’ to join the e-commerce market with beyeu.com (products for mothers & kids), lamdieu.com (cosmetics) and foreva.com (underwear), but the projects failed. LINE, a subsidiary of Naver, is a familiar name to Vietnamese. It appeared in Vietnam in 2012-2013, when messaging apps boomed. LINE was one of the apps, competing fiercely with Kakao Talk, Viber, Zalo and … [Read more...] about LINE app to return to Vietnam?
Cat Linh-Ha Dong urban railway project has yet to be put into commercial operation (Photo: Vietnam +) Hanoi (VNA) - After the urban railway No. 2A (Cat Linh-Ha Dong) is put into operation, the Department of Transport forecasts that about 15-20% of people will switch from private vehicles to urban railway No. 2A, which is mainly populated by people living along the line. Three scenarios of bus network’s adjustment The Hanoi’s Department of Transport has just reported to the municipal People's Committee a plan to connect and transit passengers between the public passenger transport system by bus and the urban railway No. 2A (Cat Linh- Ha Dong) in which the Department offers 3 scenarios to adjust the bus network connected to this urban railway. Specifically, the first scenario (the first 15 days free of charge): to operate bus routes according to the current operation plan, the operating targets remain the same … [Read more...] about 15-20 percent of residents expected to travel by urban railway
The Indian girl was enrolled in school after a photo of her peeking into a classroom sparked outcry. A five-year-old in the southern city of Hyderabad was enrolled in school after a photo of her peeking into a classroom sparked an outcry. BBC Telugu's Deepthi Bathini reports on why the photo doesn't tell the full story. Divya is something of a local celebrity in the slum where she lives. The shy five-year-old was the subject of a recent photo which went viral - it showed her clutching a bowl and peeking into a classroom at the local government school. The touching image was published in a Telugu newspaper on 7 November with a caption that translates from the Telugu as "hungry gaze". It quickly grabbed people's attention: a children's rights activist shared it on Facebook, lamenting that yet another child was being denied the right to food and education. It had such an impact, the school enrolled Divya the following day. But her father, M Lakshman, says the photo and the outcry … [Read more...] about The truth behind India’s viral photo that got a girl into school