Investor Report

VietNam Holding Limited
20 June 2007

                    Vietnam Holding Limited (the 'Company')

                                Investor Report

A report detailing the activities of the Company for the month of May 2007 has
been issued by Vietnam Holding Asset Management Limited, the investment manager
of the Company.  Electronic copies of the report have been made available to
shareholders on the Company's website at: http://www.vietnamholding.com/News.htm


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