Southeast Asia¨s largest telecoms operator by revenues Singapore Telecommunications (
SingTel) has signed a memorandum of understanding (MoU) with Vietnam''s State Capital Investment Corp (SCIC). In a joint statement the two companies said they planned to cooperate on matters relating to `corporate governance and equitisation as well as developments in investment laws and the telecommunications industry.¨ SingTel sees the Vietnamese market as a prime target for maximising its business opportunities overseas. Lim Chuan Poh, its chief executive officer for international operations said: ''As part of our exploration of the Vietnamese telecoms sector, we have actively engaged key organisations such as SCIC, the Ministry of Posts and
Telematics and the local operators.¨
Source: telegeography