A FEW days ago, ride-hailing firm Grab unveiled an ambitious plan to invest US$500mil (RM2.08bil) in Vietnam over the next five years, just a month after it announced an investment of US$2bil (RM8.33bil) in Indonesia.
Grab’s investment decisions are manifestations of the potential development of the digital economies in the two Asean countries, which have “similar characteristics”, as stated by Grab’s president.
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