WPP Plc (WPPGY, WPP.L) announced that it has agreed to subscribe for a 20% stake in Smart Media Joint Stock Co., a marketing and communications company, in Vietnam, subject to regulatory approvals.
Smart Media Joint Stock Co. has operations in Hanoi and Ho Chi Minh City and employs 30 people. Its key clients include Mobifone, Vietnam Mobile, Vinaphone, VNPost and VNPT.
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