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Merger could lead to âGoToâ app for all 10:00 | 07/06/2021
The Gojek and Tokopedia merger is backed by massive names in digital investments, Photo Duc Thanh
Indonesian ride-hailing and payments firm Gojek and e-commerce leader Tokopedia has made a big splash in the market by merging to form multi-billion dollar firm GoTo. Backed by investment giants like Alibaba, Tencent, and Google parent company Alphabet, GoTo is poised to expedite the digital economy in Southeast Asia, including Vietnam.
Specifically, the new group features a wide range of services including ride-hailing, food delivery, e-commerce, logistics, and also financial services.
Gojek Vietnam under GoTo has offered ride-hailing, food delivery, and logistics. To expand its presence in the market, the group will roll out car-sharing and cashless payment services this year. By adding the two new services, Gojek Vietnam is expecting to gain a competitive edge over its rivals in
 Businesses cautious in Bac Giang province 23:12 | 26/05/2021
Photo: Duc Thanh
The four industrial zones (IZs) of Dinh Tram, Quang Chau, Van Trung, and Song Khe-Noi Hoang are home to over 300 foreign-invested enterprises (FIEs) with some 163,000 workers, but these manufacturing hubs of large-scale FIEs in such as Luxshare, Foxconn, Hosiden Vietnam, and SI Flex are undergoing some serious restrictions.
Appleâs largest supplier Foxconn was preparing for interruption of facilities in Bac Giang which will impact the overall operation of the group in Vietnam, with Luxshare also expected to face disruption.
Foxconn has three factories in Bac Giang â Fuhong Precision Component Co., Ltd., New Wing Interconnect Technology Co., Ltd., and FuGiang Co., Ltd. At present, the operation of the former has yet to be impacted by the pandemic, but the remaining facilities are larger in scale and thus interruption is expected.
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