Despite a significant drop in profits, Vinasun, a taxi company based in Vietnam, remains focused on improving customer service and attracting qualified employees. In the first quarter of this year, the company reported a profit of over VND 22 billion, which represents a decrease of 58.5% compared to the same period last year. However, this is not the lowest level in two years.
Recent financial reports show that Vinasun had revenue of more than VND 278.6 billion in the first quarter, a decrease of almost 15% compared to the same period last year. Taxi passenger services were the most affected, with a 13% decrease in revenue. Despite these challenges, the company plans to invest in new gasoline-electric hybrid vehicles and purchase around 700 new cars this year, primarily focusing on Toyota’s top hybrid models.
However, Vinasun faces various challenges in the tourism and passenger transport industry due to restrictions on driver support policies and increased competition. Despite these obstacles, the company remains committed to its innovative strategies and investment plans as it strives to navigate the current transportation industry landscape.