VinaCapital Vietnam Opportunity Fund Limited

(the "Company" or "VOF")

Appointment of lead portfolio manager

VinaCapital Vietnam Opportunity Fund ("VOF" or the "Company") announces that Khanh Vu has been appointed as Lead Portfolio Manager with immediate effect. Mr Vu joined VinaCapital in 2010 and has been an integral part of the team managing VOF since then. He is also a member of VOF's investment committee.

Commenting on the appointment, Huw Evans, Chairman, said: "The Board is very pleased that Khanh Vu has accepted the role of Lead Portfolio Manager. Having been part of the team for over 15 years, Khanh has played a pivotal role in VOF's growth, making him the right person to drive its future success. We have enjoyed working with Khanh and his colleagues and look forward to continuing our collaboration as we develop VOF into a leading vehicle for international investors to access the exciting opportunities Vietnam offers."

Ends

Further information is available on the Company's website at: https://vof.vinacapital.com/

Enquiries:

1.   References to VOF or the Company in this announcement shall mean VinaCapital Vietnam Opportunity Fund Limited, a non-cellular company incorporated in the Bailiwick of Guernsey under The Companies (Guernsey) Law, 2008, with registered number 61765. It is authorised by the Guernsey Financial Services Commission (reference number 2268242) as a registered closed-ended investment scheme under The Protection of Investors (Bailiwick of Guernsey) Law, 2020 and in compliance with the Registered Collective Investment Scheme Rules, as amended.

2.     The registered office address of the Company is East Wing, Trafalgar Court, Les Banques, St Peter Port, Guernsey, Channel Islands, GY1 3PP.

3.     This announcement contains information that is inside information for the purposes of the UK version of the Market Abuse Regulation (EU) No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018 (as amended and supplemented from time to time).