Monthly Update

VietNam Holding Limited
25 July 2007


                    Vietnam Holding Limited (the 'Company')

                                Investor Report

A report detailing the activities of the Company for the month of June 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