Investor Update

VietNam Holding Limited
18 January 2007

                    Vietnam Holding Limited (the 'Company')

                                Investor Report

A report detailing the activities of the Company for the month of December 2006
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