For immediate release

VietNam Holding Limited

('VNH' or the 'Company')

Share Buy Back and Cancellation

VietNam Holding Limited announces that on 20 July 2018, it purchased 131,500 ordinary shares of par value $1 each ("Ordinary Shares") in the Company at an average price of US$2.5392 per Ordinary Share.

All Ordinary Shares repurchased by the Company under VNH's share repurchase programme are to be cancelled upon repurchase.  In total, since the last Extraordinary General Meeting the Company has repurchased and cancelled 168,010 Ordinary Shares.

Following the above purchase and cancellation, VNH has 65,712,936 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.