Intention to dual list

VietNam Holding Limited
18 March 2008



                            VIETNAM HOLDING LIMITED

                 Intention to list on Frankfurt Stock Exchange

VietNam Holding Limited, (AIM: VNH), is pleased to announce its intention to
list on the Entry Standard Market of the Frankfurt Stock Exchange to complement
its existing listing on the AIM market of the London Stock Exchange. VNH is an
investment company whose objective is to achieve long-term capital appreciation
by investing in a diversified portfolio of companies either in Vietnam or with a
significant portion of their assets or operations in Vietnam.


The trading of the Company's shares in Frankfurt is expected to commence within
the next one to two months.

Min-Hwa Hu Kupfer, Chairperson of the Company, commented:

'VNH is an international investment fund and via a listing on the Frankfurt
Stock Exchange we will achieve access to a wider pan-European investor base in
line with our strategy to increase visibility among the global investment
community in a changing global environment. The Company plans to introduce
itself to European investors through a road show in Germany over the next three
days.'

For more information, please contact:


Vietnam Holding Asset Management (Investment Manager)

Malcolm Gourlay, Financial Controller

Phone: [phone]



Grant Thornton Corporate Finance (Nominated Adviser)

Philip Secrett

Phone: [phone]


JPMorgan Cazenove Limited


Angus Gordon Lennox

Phone: [phone]


About VietNam Holding:


VIETNAM HOLDING LIMITED (AIM: VNH) is an investment company incorporated in the
Cayman Islands and whose shares are admitted to trading on the AIM Market of the
London Stock Exchange.  VNH's investment objective is to achieve long-term
capital appreciation by investing in a diversified portfolio of companies either
in Vietnam or with a significant portion of their assets or operations in
Vietnam. The goal is to invest in companies that have high growth potential at
an attractive valuation.  For more information, please visit VNH's website at
www.vietnamholding.com.

The presentations will be held by the Company as follows:

1. On the 18th March 2008 in Frankfurt at Steigenberger Frankfurterhof,
   Kaiserplatz, D-0311(Ph: [phone]) from14.00 to1600

2. On the 19th March 2008 in Dusseldorf at the Intercontinental Dusseldorf,
   Frankfurt koenigsallee 59, Dusseldorf, 40215 (Ph:[phone]) from 13.00 to
   1500

3. On the 20th March 2008in Munich at Bayerische hof, Promenadeplatz 2-6, Munich
   80333 (Ph: [phone] ) from14.00 to 16.00


                      This information is provided by RNS
            The company news service from the London Stock Exchange