Gsm Hung Vu ✅
Under Hung Vu’s directive, GSM ordered 10,000 VinFast cars and 50,000 electric motorbikes (VinFast Feliz and Theon) in the first year alone. His strategy was aggressive: "If the people won’t come to the showroom, the showroom will come to the people." The impact of GSM Hung Vu’s leadership is visible in three key areas: 1. The "Green Wave" in Major Cities GSM taxis are impossible to miss. Painted in a distinctive turquoise green, they stand out against traditional white or yellow taxis. Hung Vu mandated that every GSM vehicle must be equipped with Wi-Fi, phone chargers, and absolutely zero emissions. Within six months of launch, GSM captured 15% of the taxi market in Hanoi and 12% in Ho Chi Minh City. 2. The Driver-Turned-Ambassador Model One of Hung Vu’s most innovative moves was the recruitment strategy. Instead of hiring standard taxi drivers, GSM targeted former transport cooperative workers and even Grab drivers. He offered a "lease-to-own" program for VinFast vehicles, combined with a fixed salary plus profit sharing. This created a fleet of drivers who treat the EVs like their own assets, resulting in cleaner cars and better service ratings. 3. Battery Swap and Range Anxiety The biggest hurdle for EV adoption in Vietnam is range anxiety and charging infrastructure. Hung Vu did not wait for public chargers to appear. He ordered the construction of GSM’s private "Battery Hub" stations across 40 provinces. Drivers can swap a depleted battery for a full one in under 10 minutes. This logistics solution is so efficient that other EV owners (non-GSM) now pay to use Hung Vu’s hubs. GSM Hung Vu vs. The Competition (Grab, Be, and Mai Linh) The Vietnamese ride-hailing market is a bloodsport dominated by Grab (Singapore) and domestic apps like Be and Gojek. Traditional taxi giant Mai Linh has a century of trust.
Hung Vu’s background is rooted in logistics and large-scale service management. Before taking the helm at GSM, he was instrumental in scaling Vingroup’s real estate and resort services. His challenge was daunting: launch a nationwide fleet of electric taxis and rental vehicles using VinFast’s then-untested EV models—the VF e34 and VF 8. The story of GSM Hung Vu begins in March 2023. At a lavish launch event in Hanoi, Vingroup announced the creation of GSM, with a charter capital of nearly $150 million. The public was skeptical. Vietnam is a kingdom of motorbikes; taxis are a necessity, but electric taxis seemed like a luxury gamble. gsm hung vu
Hung Vu, however, saw an infrastructure loop. VinFast had just begun exporting cars to the US, but the domestic market needed a "living showroom." He argued that the best way to convince Vietnamese people to buy a $40,000 electric car was to let them ride in one for a $2 taxi fare. Under Hung Vu’s directive, GSM ordered 10,000 VinFast