Singapore's GIC divests entire stake in Vietnamese taxi firm Vinasun

Singapore's GIC divests entire stake in Vietnamese taxi firm Vinasun

Vietnamese taxi firm Vinasun (Photo Source: Internet Archive)

Singapore’s sovereign wealth fund GIC has decided to fully exit its four-year-old investment in Vietnamese taxi firm Vinasun (VNS) at a time when traditional cab operators are struggling given the rise of ride-hailing technology players.

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