Grab and Uber as taxi firms: a step back in the Industry 4.0 era? The heated debate over whether Vietnam should regulate Grab and Uber as taxi services continues. Defining tech-based firms as traditional taxi services would be a step back for scientific and information technology development. If Grab and Uber were regulated as traditional taxi firms, it would hinder Vietnam’s progress to become a startup nation in the age of Industry 4.0. When Uber made its foray into China, the firm threatened the market shares of traditional taxi firms.

Source: VietNamNet News March 18, 2018 14:37 UTC