For immediate release

VietNam Holding Limited

('VNH' or the 'Company')

Share Buy Back and Cancellation

VietNam Holding Limited announces that on 16 November 2018, it purchased 52,760 ordinary shares of par value $1 each ("Ordinary Shares") in the Company at an average price of US$2.4297 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 337,713 Ordinary Shares.

Following the above purchase and cancellation, VNH has 54,104,739 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.