Quarterly Report

Vietnam Opportunity Fund Limited
27 December 2007


27 December 2007

Vietnam Opportunity Fund Limited (the 'Company')

Quarterly Report

The Vietnam Opportunity Fund Limited Quarterly Report for the period ended 30
September 2007 has today been issued by VinaCapital Investment Management Ltd,
the investment manager of the Company. Electronic copies of the report have been
emailed to shareholders and can also be downloaded from the VinaCapital
Investment Management Limited website at www.vinacapital.com.


Copies of the report will also be available, free of charge from the offices of
Grant Thornton Corporate Finance, 30 Finsbury Square, London, EC2P 2YU or, the
offices of VinaCapital Investment Management Ltd, 17/F, Sun - Wah Tower, Ho Chi
Minh City, Vietnam, for a period of 30 days from the date of this announcement.




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