Singapore blockchain-based ride hailing platform MVL to drive into Vietnam in July

Singapore blockchain-based ride hailing platform MVL to drive into Vietnam in July

Singapore-based transportation startup MVLchain, which owns Grab-like platform MVL, will officially foray into the Vietnamese market in July this year targeting to attract 25 per cent of cars and motorcycles operating in the country to join this platform.

“MVLchain will introduce on-demand service after July. We start from Singapore and we need to prepare for local Vietnam laws,” Kay Woo, founder and CEO of MVL told DEALSTREETASIA in an interaction.

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