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Report Overview
The Vietnam taxi market was approximately USD 0.54 Billion in 2025. The market is assessed to grow at a CAGR of 7.00% between 2026 and 2035, reaching a value of USD 1.06 Billion by 2035.
2025
Base Year
2019-2025
Historical Period
2026-2035
Forecast Period
Vietnam Taxi Market Competitive Landscape
Grab Holdings Inc. was founded in 2021 and is headquartered in Singapore. It enables consumers to order food and groceries online, book rides, make online purchases, and receive financial services like insurance, wealth management, and mortgage loans. It operates in 500 cities across 8 different countries in Southeast Asia. This includes Vietnam, Indonesia, Myanmar, and Cambodia, among others.
VINATAXI Company was established in October 1992 and is headquartered in Tan Phu District of Vietnam. This player in the Vietnam taxi industry provides ride-hailing services that are paid via prepaid vouchers or a postpaid card. Its taxis are highly comfortable with spacious interiors and good quality music systems, with an LCD screen to watch movies and television shows.
Avis Budget Group Inc. was incorporated in 1994 and is headquartered in New Jersey, United States. It is mainly engaged in providing car rental and ride-sharing services to people and has a significant global presence. Its rental taxis include luxury cars and specialty-use vehicles, among others. Some of its most popular mobility brands include Avis, Budget, and Zipcar.
Other major players in the Vietnamese taxi market include Go Viet Technology Trading Joint Stock Company, FASTGO Vietnam Joint Stock Company, Mai Linh Group, Anh Duong Vietnam Joint Stock Company (Vinasun Corp.), Be Group JSC, VATO.EC, and Thien Phong Trading Co., Ltd., among others.
Vietnam Taxi Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2025, the market reached an approximate value of USD 0.54 Billion.
The market is estimated to grow at a CAGR of 7.00% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach a value of around USD 1.06 Billion by 2035.
The market is being driven by increasing popularity of ride sharing services due to increasing traffic and congestion in Vietnam and provision of various safety features by several taxi companies including live location sharing to ensure the safety of the passengers.
The key trends aiding the market expansion include adoption of digital technologies by taxi firms and lateral expansion plans of ride hailing companies.
Taxis can be booked through either online or offline mode.
The major vehicle types include cars and motorcycle, among others.
The key players in the market are Go Viet Technology Trading Joint Stock Company, FASTGO Vietnam Joint Stock Company, Grab Holdings Inc., Mai Linh Group, VINATAXI Company, Anh Duong Vietnam Joint Stock Company (Vinasun Corp.), Avis Budget Group Inc., Be Group JSC, VATO.EC, and Thien Phong Trading Co., Ltd., among others.
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