HANOI, March 15 (Xinhua) — Vietnam’s ride-hailing market value is estimated to reach 880 million U.S. dollars in 2024, Vietnam News Agency reported Friday, citing India-based market research firm Mordor Intelligence.
By 2029, the market value will hit 21.6 billion dollars, growing at a compound annual growth rate of 19.5 percent, said the firm.
Consumers’ increasing preference to private transportation f