Grab Plans Green Finance, Tourism and Telecom Partnerships with Sovico Companies

Grab has signed a memorandum of understanding with Sovico companies HDBank, Vietjet and Galaxy Holdings covering green finance, tourism, telecom and payment services. The memorandum outlines projects the parties plan to pursue; no official launch has been announced for the related products.

Grab and HDBank plan to design electric vehicle purchase loans for partner drivers and transport companies, as well as charging station development loans for partners connected to Grab’s charging station network. They also plan a loan product for female partner drivers and are studying co-branded cards for business and individual customers to increase cashless transactions on the platform.

Representatives of HDBank and Grab Vietnam sign a cooperation agreement.（VietVance）

Grab and Vietjet plan to develop co-branded travel packages and promotions and attract visitors to Vietnam through international marketing. They also plan airport transfer offers for Vietjet’s domestic passengers; passengers will be able to buy Grab discount codes on Vietjet Sky Shop.

Representatives of Vietjet and Grab Vietnam attend the signing ceremony.（VietVance）

Grab’s partnership with Galaxy Holdings covers telecom products, payments and loyalty services. The two sides expect to offer SkyFi/Data telecom products with benefits for Grab employees and partner drivers, and to study product distribution and offers for Galaxy Telecom customers. For payments, they plan to use solutions provided by Galaxy Pay. For loyalty services, they plan to link their SkyJoy programs, enable points exchanges and offer reciprocal promotions.

Representatives of Galaxy Holdings and Grab Vietnam exchange cooperation agreements.（VietVance）

Source: VietVance