SINGAPORE -- Ride-hailing giant Grab will pump an extra $500 million into Vietnam over the next five years, as the company expands its transport, food-delivery and payments network across Southeast Asia.
Ride-hailer also inked a new partnership with the Sovico Group

Grab's latest investment in Vietnam will intensify its battle for supremacy with Go-Jek's Vietnam brand Go-Viet. (Photo by Akira Kodaka)
SINGAPORE -- Ride-hailing giant Grab will pump an extra $500 million into Vietnam over the next five years, as the company expands its transport, food-delivery and payments network across Southeast Asia.