Recent robust infrastructure development and customer demand are reshaping the transportation market towards diversifying products and improving services quality, providing significant opportunities for railway and waterways which are holding modest market shares.

The Government’s new decree on automobile transportation is expected to help get the transportation market back on track, according to the Ministry of Transport.

Changes in its business model and operation helped taxi firm Vinasun avoid bankruptcy last year.

The transportation market of Vietnam is witnessing significant changes since the rapid expansion of ride hailing apps Uber and Grab in recent years.