VinaCapital Vietnam Opportunity Fund Limited (the "Company")
(a closed-ended investment company incorporated with limited liability under the laws of Guernsey with registered number 61765)

Dividend Declaration

17 August 2017

Interim Dividend

The Board is pleased to announce the payment of the Company’s first interim dividend of 4.8 US cents per share, payable to shareholders on 27 September 2017.

Currency of Payment

The dividend will be paid in Pounds sterling to shareholders with registered addresses in the UK or Channel Islands and US dollars to shareholders with registered addresses elsewhere.

Shareholders with addresses in the UK or Channel Islands who wish to receive their dividends in US dollars and shareholders elsewhere who wish to receive their dividends in Pounds sterling may elect to do so by completing and returning a form to the Company’s Registrar, Computershare Investor Services (Guernsey) Ltd, at the address below. The form is available from the Registrar. In order to be valid, forms must be received by the Registrar no later than close of business on 31 August 2017.

The exchange rate for determining the dividend amount in Pounds sterling will be confirmed by way of an announcement by the Company on or before 15 September 2017.

Timetable

The record date for dividends will be Friday 25 August 2017. The shares will trade ex-dividend from Thursday 24 August 2017.

Dividends will be paid on 27 September 2017.

Enquiries

Shareholders wishing to elect to receive dividends in Pounds sterling should contact the Registrar at:-

Computershare Investor Services (Guernsey) Limited,
c/o The Pavilions,
Bridgwater Road,
Bristol,
BS13 8AE

Jonathan Luu / Joel Weiden
VinaCapital Investment Management Limited
Investor Relations / Communications
+84 28 3821 9930
jonathan.luu@vinacapital.com / joel.weiden@vinacapital.com

Edward Gascoigne-Pees
Camarco (Public Relations, London)
+44 20 3757 4980
ed.gascoigne-pees@camarco.co.uk

David Benda / Hugh Jonathan
Numis Securities Limited, Broker
+44 20 7260 1000
funds@numis.com

Franczeska Hanford / Andy Dovey
Northern Trust International Fund Administration Services (Guernsey) Limited, Company Secretary
+44 1481 745001
fk26@ntrs.com / ad317@ntrs.com

Stephen Westwood
+44 7533 178381