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Vietnam’s ride-hailing market value to reach 880 mln USD in 2024

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