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Uber releases business plan for Vietnam

Released at: 16:27, 31/07/2015

Uber releases business plan for Vietnam

Plan has four main strategies, with a helicopter service joining its taxi service.

by Minh Tuyet

Uber released its development plan for Vietnam on its first anniversary on July 30 in Ho Chi Minh City. Uber’s Director in Vietnam, Mr. Dang Viet Dung, and its Marketing Director in Asia-Pacific, Mr. Douglas Ma, spoke of four strategies in the plan: Uber Chopper, cash payments, Uber Pool, and creating 10,000 jobs for drivers.

Uber Chopper is rental helicopter service. Though Uber hasn’t revealed the time it will begin in Vietnam it was established in Shanghai, China, this year. In Shanghai Uber Chopper help guests book a helicopter within 30 minutes to fly in the city. Chinese media have said that the service attracts couples and tourists.

Uber Pool, meanwhile, is an app that saves guests’ money by inviting several people to get into a taxi and sharing the fare.

Uber is currently researching the Da Nang and Nha Trang markets to expand its business. “Vietnam is one of the fastest-growing markets of Uber in the world,” Mr. Dung said. “The incredible growth of Uber in Vietnam is higher than our most ambitious targets.”

In Hanoi and Ho Chi Minh City a customer books a car every five seconds via Uber. “Moreover, the waiting time has fallen significantly, to about four minutes on average,” he said.

Uber has created 3,000 jobs for drivers and helps them improve their income, he added. It also improved the efficiency of car use, to 65 per cent of the time available compared to the average of 30 to 40 per cent.

Mr. Ma also stressed that the process of selecting partners is strict and they must have a business license. Passengers in Uber cars can share their trip with friends and evaluate the quality of service to help drive improvements.

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