Vinasun

What Vinasun does

Vinasun is a publicly listed Vietnamese ground transportation company founded in 1995 by Thai Tuyen and headquartered in Thái Nguyên, Vietnam. The company trades on the Ho Chi Minh Stock Exchange under ticker VNS and operates in the passenger transport sector, providing taxi and related transportation services to Vietnamese consumers. Its website (vinasun.vn) was captured as a loading/verification page only, so no product, technology, or pricing detail is directly observable in the input.

The company's financial profile indicates meaningful scale but a deteriorating trajectory. Revenue peaked near 50.2 trillion VND in 2023 and contracted to roughly 33.6 trillion VND in 2025, with profitability compressing even more sharply: net income fell from approximately 7.78 trillion VND in 2022 to 1.49 trillion VND in 2025, and operating income declined from 6.28 trillion VND (2022) to 1.62 trillion VND (2025). EBITDA and gross profit follow the same pattern, indicating margin compression rather than a one-time effect. The 2021 financials show large losses, consistent with COVID-era disruption to passenger transport, before a 2022-2023 recovery and subsequent multi-year decline.

The input data does not include product specifics, fleet size, customer composition, partnerships, or management beyond the founder. The reported employee count of 11-50 is inconsistent with the revenue scale of a multi-hundred-million-to-billion-dollar transport operator and likely reflects either a corporate subset or an outdated snapshot rather than total workforce. Any conclusions about operational scale, technology adoption, or strategic positioning beyond what is described above exceed what the supplied data supports.

Name

Vinasun

Website

https://vinasun.vn

Company type

Private

Founded year

1995

Headcount range

11–50 employees

Short description

Vinasun is a publicly listed Vietnamese taxi and ground transportation company founded in 1995 by Thai Tuyen, headquartered in Thái Nguyên, and trading on the Ho Chi Minh Stock Exchange under ticker VNS.

Ownership category

akta.pro rank

Product category

Taxi and Ground Transportation Services

NAICS

Taxi and Ridesharing Services (485310)

akta.pro primary industry

Taxi-Hail Aggregators & Dispatch Platforms (E-Hail for Licensed Taxis) (TLAFAIAD)

akta.pro secondary industries

On-Demand Ride-Hailing Aggregators (Multi-Sided TNC Marketplaces) (TLAFAIAA), App-Based Ride-Hailing Platforms (TNCs) (THAIAGAB)

Keywords

• Taxi services
• Passenger transportation
• Ground transport
• Ride services
• Mobility services

Headquarters

HQ city

Thái Nguyên

HQ country

Vietnam

HQ region

Asia

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure

Core offering

Vinasun provides passenger ground transportation services, primarily operating a taxi fleet in Vietnam. The company serves individual riders seeking point-to-point urban and intercity transport, generating revenue through metered fares. Founded in 1995 and headquartered in Thái Nguyên, Vinasun is publicly listed on the Ho Chi Minh Stock Exchange (HOSE: VNS).

Product overview

No product information available. The source content is a loading/verification page that does not contain substantive information about Vinasun's products or services.

Differentiator

Problem solved

Functional benefit

Products and services

• Taxi Transportation Services On-demand passenger taxi and ground transportation services for individual riders in Vietnam, generating revenue through metered fares.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Expansion highlights2 records

Regional players

• Gojek: Major Southeast Asian multi-service ride-hailing platform, relevant as a regional peer shaping the competitive landscape Vinasun operates within.

Broad incumbents

• Vietnam Airlines: While primarily an airline, Vietnam Airlines drives airport transfer demand that Vinasun's taxi operations serve — making it a relevant adjacent passenger transport comparator.
• DiDi Chuxing: Global ride-hailing platform representative of the asset-light TNC model disrupting traditional taxi operators like Vinasun.
• Uber Technologies: Global ride-hailing leader; while not operating its own consumer service in Vietnam currently, Uber's model and global footprint shape competitive dynamics Vinasun faces.

Direct peers

• Be Group (Be): Vietnamese ride-hailing and delivery platform that competes head-to-head with Vinasun for on-demand urban passenger transport customers and drivers.
• Grab Holdings: Dominant ride-hailing and multi-service super-app in Southeast Asia, directly competing with Vinasun in Vietnam's urban taxi and ride-hailing market.
• Xanh SM (GSM): Vietnamese electric ride-hailing service backed by VinGroup, competing with Vinasun in taxi and on-demand transport, especially as Vietnam transitions to EVs.
• Saigon Taxi: Traditional Vietnamese taxi operator with overlapping urban taxi service offerings comparable to Vinasun's core business.
• Mai Linh Group: One of Vietnam's largest traditional taxi operators alongside Vinasun, with similar fleet-based passenger transport business model and brand recognition.

Emerging players

• FastGo: Vietnamese tech-driven ride-hailing startup competing in the same on-demand taxi/ride-hailing market as Vinasun, though at a smaller scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vinasun