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 Jun 14 2008 | 14:26
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SingTel signs MoU with Vietnam¨s investment agency

Updated:2007/7/19 10:15

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
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