Result of EGM & NAV

Vietnam Opportunity Fund Limited
08 November 2004


For immediate release


8 November 2004


Vietnam Opportunity Fund Limited (the 'Company')


The Company is pleased to announce that the resolution to amend the dividend
policy of the Company was passed unanimously at the EGM held by the Company on
27 October 2004.

The Company also announces that at close of business on 30 September 2004 its
unaudited net asset value per share was $1.15.




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