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VN's ride-hailing app FastGo launched in southern provinces

By VNA
Published: October 24, 2018

Ride-hailing app FastGo has officially launched its services in the southern provinces of Dong Nai and Binh Duong, continuing its expansion plan.

FastGo has officially launched its services in Dong Nai and Binh Duong provinces (Photo: VNA)
FastGo has officially launched its services in Dong Nai and Binh Duong provinces (Photo: VNA)

FastGo Vietnam’s General Director Nguyen Huu Tuat said Dong Nai and Binh Duong are adjacent to the southern largest economic hub of Ho Chi Minh City with high traffic and customers moving between cities.

FastGo is available in all cities to help customers move safely, while reducing the number of empty passenger hubs, he said, adding that there are about 1,000 vehicles operating in these two provinces.

Launched in June, FastGo is a ride-hailing app developed by a Vietnamese company, and drivers pay 30,000 VND (1.3 USD) to FastGo if they earn more than 400,000 VND per day.

It has also committed to keep fares unchanged during peak periods, while offering regular promotions.

The app has started operations in three big cities of Ha Noi, Da Nang, and HCM City with more than 30,000 drivers and over one million kilometres successfully travelled to date.

FastGo received investment from VinaCapital in August, and it is mobilising capital in the second round of up to 50 million USD to expand its operations to other Southeast Asian countries including Indonesia and Myanmar.

FastGo plans to introduce services in Ha Long and Nha Trang cities at the beginning of November. Food delivery are planned for launch by the end of the year.

(Source: VNA/ DA NANG Today)

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