FastGo and Asia Sun Group are co-operating to launch a ride-hailing app in Myanmar. (Source: VNA)Hanoi (VNS/VNA) - FastGo Vietnam signed amemorandum of understanding with Asia Sun Group on November 14 in Hanoi tolaunch its ride-hailing app in Myanmar next month.
According to FastGo’s plan to expand its operation to theSoutheast Asian region, the company chose Myanmar and Indonesia as its twofirst overseas markets. Instead of self-deploying services in foreigncountries, FastGo will operate with local partners whose financial strength,market intelligence and service ecosystems can provide support.
Speaking at the signing ceremony, FastGo Vietnam General DirectorNguyen Huu Tuat said Myanmar’s market has the potential to see rapid growth inthe upcoming time, making it a suitable destination for expansion. AsiaSun Group has been one of big groups in Myanmar in different sectors.
“We have a common vision and development strategy,” Tuatsaid.
“FastGo would contribute to the electronic service sector and to promoting theprivate economic sector in Myanmar.”
Win Kaw, Asia Sun Group Chairman, said they wereimpressed with the rapid development of FastGo Vietnam.
“With FastGo’s technological advantages, innovation andservice ecosystem in combination with Asia Sun Group’s deep knowledge of theMyanmar market, we believe that co-operation will bring success to FastGo andadd value for customers in our country,” he said.
Launched in June 2018, Vietnamese ride-hailing app FastGo isnow present in Hanoi, HCM City, Da Nang, Binh Duong and Dong Nai.
It planned to launch the service in Nha Trang and Quảng Ninhon November 23.
FastGo offers FastCar, FastTaxi and FastBike.-VNS/VNA
VNA
