Vietnam Post and Telecommunication Group (VNPT)'s International Investment Joint Stock Co (VNPT Global) on March 11 in Hanoi officially announced cooperation with Singapore Technologies Telemedia (ST Telemedia).
Accordingly, ST Telemedia will buy 10 percent stake into VNPT Global.
Earlier, ST Telemedia and VNPT Global signed an agreement after nearly one year of negotiation between the two partners.
VNPT Global was established in January 2008 with three founding shareholders namely VNPT, Vietnam Mobile Telecom Services Co (VMS) and Vietnam Post Corp.
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