Vietnam Manfng and Exp Prcsng Hldng : UNAUDITED RESULTS FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2016

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

VIETNAM MANUFACTURING AND EXPORT PROCESSING (HOLDINGS) LIMITED

越南製造加工出口(控股)有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 422) ANNOUNCEMENT UNAUDITED RESULTS FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2016 Financial Highlights：

（expressed in US$'million）

Three months ended 30 September					Nine months ended 30 September
2016	2015	Change Amount	2016	2015	Change Amount
(Unaudited）	(Unaudited）		(Unaudited）	(Unaudited）
‧Total revenue	40.1	30.3	9.8	101.3	100.8	0.5
‧Gross profit	5.0	2.8	2.2	12.3	8.2	4.1
‧Net profit / (loss) after tax	0.4	(1.0)	1.4	(0.1)	(4.8)	4.7

Vietnam Manufacturing and Export Processing (Holdings) Limited (the "Company") hereby announce the unaudited consolidated results of the Company and its subsidiaries (the "Group") for the third quarter and nine months ended 30 September 2016 in line with its current practice to publish the Group's financial results quarterly and pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong).

Hong Kong, 20 October 2016

By order of the board

Vietnam Manufacturing and Export Processing (Holdings) Limited Liu Wu Hsiung

Chairman

As at the date of this announcement, the board of directors of the Company comprised four executive Directors, namely Mr. Liu Wu Hsiung, Mr. Lu Tien Fu, Mr. Lin Chun Yu and Mr. Chou Ken Yuan, two non-executive Directors, namely Mr. Chiu Ying Feng and Ms. Wu Li Chu and three independent non-executive Directors, namely Ms. Lin Ching Ching, Mr. Shen Hwa Rong and Ms. Wu Kwei Mei.

Unaudited Consolidated Statement of Profit or Loss For the nine months ended 30 September 2016

Three months ended	Nine months ended
30 September	30 September
2016 2015	2016 2015
US$ US$	US$ US$
Revenue	40,131,249 30,320,708	101,273,041 100,832,611
Cost of sales	(35,128,892) (27,522,300)	(88,994,023) (92,672,245)
Gross profit	5,002,357 2,798,408	12,279,018 8,160,366

Other income	414,881	315,654	952,666	478,012
Distribution expenses	(2,342,701)	(1,433,168)	(5,707,720)	(5,718,241)
Technology transfer fees	(989,245)	(722,562)	(2,461,362)	(2,334,996)
Administrative expenses	(2,392,557)	(2,279,780)	(6,687,322)	(7,166,207)
Other expenses	(263)	(3,198)	(57,072)	(72,587)
Results from
operating activities	(307,528)	(1,324,646)	(1,681,792)	(6,653,653)

Finance income	1,005,768	1,185,553	2,911,667	3,944,009
Finance expenses	(303,619)	(873,675)	(1,364,788)	(2,050,871)
Net finance income	702,149	311,878	1,546,879	1,893,138

Share of profit of an

associate, net of tax 24,798 14,012 67,501 48,535

Profit / (Loss)

before taxation	419,419	(998,756)	(67,412)	(4,711,980)
Income tax	(16,702)	(28,127)	(63,093)	(115,798)
Profit / (Loss)
for the period	402,717	(1,026,883)	(130,505)	(4,827,778)

Attributable to:

Equity holders

of the Company 402,717 (1,026,883) (130,505) (4,827,778)

Note: The Group's unaudited consolidated results for the third quarter and nine months ended 30 September 2016 have been approved for issue by the board of directors of the Company on 20 October 2016. The third-quarterly results have been prepared in accordance with all applicable International Financial Reporting Standards issued by the International Accounting Standards Board, and have also adopted the same accounting policies as disclosed in the last annual report for the year ended 31 December 2015.

Unaudited Consolidated Statement of Financial Position At 30 September 2016 Non-current assets At 30 September At 31 December 2016 2015 US$ US$

Property, plant and equipment	18,677,156	18,259,022
Intangible assets	46,005	79,668
Lease prepayments	4,852,792	5,114,868
Interest in an associate	649,423	577,189
Deferred tax assets	780,130	774,244
---------25,005,506 --------------	---------24,804,991 --------------
Current assets Inventories	22,920,010	20,649,546
Trade receivables, other receivables
and prepayments	24,476,238	29,341,932
Time deposits maturing after three months	66,335,648	81,550,559
Cash and cash equivalents	46,248,047	20,988,920
--------159,979,943 ----------------	--------152,530,957 ---------------
Current liabilities Trade and other payables	21,041,626	15,355,074
Bank loans	25,063,957	24,558,291
Current tax payable	18,831	53,847
Provisions	1,640,792	1,018,653
---------47,765,206 ---------------	---------40,985,865 --------------
Net current assets	--------112,214,737 ----------------	--------111,545,092 ---------------
Total assets less current liabilities	--------137,220,243 ----------------	--------136,350,083 ---------------
Non-current liabilities Deferred tax liabilities	0 ------------------------	58,766 -----------------------
Net assets	137,220,243	136,291,317
Capital and reserves
Share capital	1,162,872	1,162,872
Reserves	136,057,371	135,128,445
Total equity	137,220,243	136,291,317

Unaudited Condensed Consolidated Cashflow Statement For the nine months ended 30 September 2016 Nine months ended 30 September

2016 US$	2015 US$
Net cash generated from / (used in) operating activities	8,778,817	(5,417,808)
Net cash generated from investing activities	15,350,508	22,273,271
Net cash generated from / (used in) financing activities	70,371	(9,364,761)
Net increase in cash and cash equivalents	24,199,696	7,490,702
Cash and cash equivalents at the beginning of the period	20,988,920	15,985,869
Effect of foreign exchange rate changes	1,059,431	(1,284,198)
Cash and cash equivalents at the end of the period	46,248,047	22,192,373