Quarterly report

Vietnam Opportunity Fund Limited
16 November 2005


For immediate release

16 November 2005

Vietnam Opportunity Fund Limited (the 'Company')

Quarterly report

A Quarterly Report detailing the activities of the Company for the period ended
30 September 2005, has been issued by the Manager of the Company. Electronic
copies of the report have been emailed to shareholders and can also be
downloaded from VinaCapital Investment Management Limited website at
www.vinacapital.com/investors.asp. Copies of the report will also be available,
free of charge from the offices of Grant Thornton Corporate Finance, Grant
Thornton House, Melton Street, Euston Square, London NW1 2EP 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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