News

ST Telemedia opens Vietnam office, signs Memorandum of Understanding with VNPT

October 2005 / e-newsletter

ST Telemedia has extended its presence in Asia by opening a representative office in Hanoi on 27 September. The launch was attended by Dr. Do Trung Ta, Vietnam's Minister for Posts and Telematics; Dr. Balaji Sadasivan, Singapore's Senior Minister of State for Information, Communications and the Arts, and Health; Dr. Le Thi Bang Tam, Vice Minister for Finance; Mr. Cao Viet Sinh, Vice Minister for Planning and Investment; as well as other senior Vietnamese and Singaporean dignitaries and individuals from the business community.

At the opening ceremony, ST Telemedia also signed a MoU with Vietnam Posts and Telecommunications Corporation (VNPT), the country's leading telecoms operator. Both companies will jointly explore telecom opportunities in Vietnam and Indo-China.

As one of the fastest growing economies in South-East Asia, Vietnam is a vital market to ST Telemedia's growth strategy. Mr. Lee Theng Kiat, ST Telemedia's President and CEO said the company is in a good position to contribute significantly to Vietnam's telecommunications development and growth, drawing on its global experience and expertise in the information, communications and entertainment services.