14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM
Log in
Business

Grab expands in northern Vietnam to boost digital economy access

Grab Vietnam is extending its GrabBike and GrabFood services to nine northern provinces, marking a major step in supporting local communities through digital skills training, economic empowerment and access to the fast-growing digital economy.

THE HANOI TIMES — E-commerce and ride-hailing platform Grab has announced its expansion into Vietnam’s northern midland and mountainous provinces to give local people access to services such as GrabBike and on-demand food delivery services GrabFood.

The expansion covers nine northern provinces, including Lao Cai, Bac Ninh, Phu Tho, Ninh Binh and Hung Yen.

GrabFood, the on-demand food delivery service, debuts in Hanoi in 2018. Photo courtesy of the company

As part of this move, the everyday super-app in Southeast Asia will launch incentive programs and digital skills training to help residents seize economic opportunities and join the digital economy.

Local driver-partners and restaurants will also receive free digital and AI training through GrabAcademy courses.

According to Ma Tuan Trong, Managing Director of Grab Vietnam, the expansion will strengthen local economies, support socioeconomic growth and speed up Vietnam’s digital transformation.

Anthony Tan, Group CEO and Co-founder of Grab, reaffirmed during a May meeting with Prime Minister Pham Minh Chinh at the 46th ASEAN Summit in Malaysia that Grab is committed to accompanying Vietnam on its path toward digitalization and sustainable growth.

He emphasized that Vietnam remains a key market in its regional strategy.

Operating in Vietnam since 2014, Grab has pledged to keep supporting the country’s innovation-driven and sustainable development while expanding cooperation in technology, AI upskilling and digital tourism.

In February, Grab signed a three-year cooperation agreement with the central city of Hue to help local people and small businesses adopt digital tools for transportation, tourism and cultural promotion.

In March, the company signed a five-year partnership with the Tourism Development Support Fund under the Ministry of Culture, Sports and Tourism to advance digital transformation in tourism, improve visitor engagement and promote Vietnam’s socioeconomic development.

Under this agreement, Grab serves as an official transport and e-commerce partner, offering integrated services such as ride-hailing, delivery, food ordering and cashless payments for travelers.

Grab and local firm Xanh SM dominate Vietnam’s ride-hailing market with a combined 87% share, according to a May survey by Japan-based research firm Rakuten Insight.

The survey showed Grab leading with a 55% usage rate in urban areas and 54% in other regions. Users cited its broad network and simple booking process as key advantages.

Vietnam’s ride-hailing market is valued at nearly US$1 billion, according to Mordor Intelligence and could grow to $2.5 billion by 2030, with a compound annual growth rate of 19.5% between 2025 and 2030.

Statista offers an even more optimistic outlook, projecting the market to reach almost $1.9 billion in 2025.

Reactions:
Share:
Trending
Most Viewed
Related news
Vietnam commits 3% budget to turbocharge AI and data economy

Vietnam commits 3% budget to turbocharge AI and data economy

At least 3% of state budget spending will fund digital transformation, accelerating Vietnam’s shift toward a data-driven and AI-powered economy.

From labor-intensive to high-tech: Hanoi retrains for global edge

From labor-intensive to high-tech: Hanoi retrains for global edge

Raising the skill standards of high-tech workers is emerging as a decisive factor in strengthening Hanoi’s competitiveness as the capital accelerates its shift toward a knowledge-based industrial economy.

Hanoi craft villages resume production early, aiming for growth in 2026

Hanoi craft villages resume production early, aiming for growth in 2026

After the Lunar New Year break, Hanoi’s traditional craft villages have quickly resumed production, fulfilled orders and prepared for new markets while blending heritage craftsmanship with modern technology to strengthen competitiveness and sustain growth in 2026.

Vietnam stock market poised for post-Tet gains

Vietnam stock market poised for post-Tet gains

The post-Tet period often presents attractive opportunities for investors in the following months.

Spring Fair draws 500,000 visits, elevates Vietnamese brands nationwide

Spring Fair draws 500,000 visits, elevates Vietnamese brands nationwide

Drawing large crowds and strong commercial momentum, the 2026 Spring Fair turned Hanoi into a vibrant showcase of Vietnamese products, culture and innovation, where shopping met heritage experiences and businesses forged valuable partnerships.

Firms seek clearer policy framework for new tech, digital platforms

Firms seek clearer policy framework for new tech, digital platforms

Hanoi’s tech firms are calling for clearer demand mechanisms and transparent evaluation as the city pilots its Technology Exchange and Digital Transformation Market to boost commercialization, innovation and digital growth.

Vietnam Airlines to open first nonstop Hanoi-Amsterdam route to enhance Europe ties

Vietnam Airlines to open first nonstop Hanoi-Amsterdam route to enhance Europe ties

The move aims to open a new gateway to Europe and advance the national flag carrier’s strategy to expand its European network.

Vietnamese goods reach rural areas through Tet fairs

Vietnamese goods reach rural areas through Tet fairs

Hanoi is intensifying communication and outreach for the “Vietnamese people prioritize using Vietnamese goods” campaign to boost consumption ahead of Tet, the country’s most important holiday.