15 December 2017

For immediate release

VietNam Holding Limited

('VNH' or the 'Company')

Share Buy Back and Cancellation

VietNam Holding Limited announces that on 15 December 2017, it purchased 156,062 ordinary shares of par value $1 each ("Ordinary Shares") in the Company at an average price of US$2.581 per Ordinary Share.

All Ordinary Shares repurchased by the Company under VNH's share repurchase programme are to be cancelled upon repurchase. 

Following the above purchase and cancellation, VNH has 70,405,465 Ordinary Shares with voting rights in issue and no shares held as Treasury Shares.

This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation.

VietNam Holding Limited

For more information please contact:

VietNam Holding Asset Management Limited                                                   Tel: +44 781 078  5933

investorrelations@vnham.com

www.vietnamholding.com

finnCap Limited

Broker and Nominated Advisor

Trading:                               Johnny Hewitson                                                             Tel: +44 20 7220 0558

Sales:                                    Mark Whitfeld                                                                  Tel: +44 20 3772 4697

Corporate Finance:         William Marle / Giles Rolls / Alex Price                 Tel: +44 20 7220 0500

Buchanan Communications                                                                                        Tel: +44 20 7466 5000

Financial Public Relations           

Charles Ryland / Vicky Hayns