Singapore's SIA Engineering in Vietnam JV
By Kash Cheong, Reuters | Feb. 24, 2009
Singapore's SIA Engineering said on Feb. 24 that it will form a joint venture with Vietnam's state-owned Saigon Ground Services to provide technical services at an airport in Ho Chi Minh City.
The joint venture, which will target Vietnam's Tan Son Nhat International Airport, will be 49 percent held by SIA Engineering and 51 percent owned by Saigon Ground Services. No value for the joint venture was given.