Let us not beat around the bush, May has been a horrific month for the Vietnamese stock markets. Foreign investors have fled the markets and have been net sellers of the equities in all days but two this month according to Bloomberg. Unfortunately, market crashes are not rare events especially in volatile markets like Vietnam. Investors should, however, keep in mind that stock investments should always be seen as long-term investments. There is no reason to sell your shares quickly after a market downturn. Over the month, Hanoi index is down by 6.3% and Ho Chi Minh index is down by a consequential 7.5%. Our reference portfolio resisted well in April but suffered more in May with a 9.5% monthly loss. Anh Thomas returns over the long run are still impressive. Since being launched, Anh Thomas portfolio overall return is +312.3%, greatly outperforming both Hanoi and Ho Chi Minh indexes (+66.5% and +144.0% respectively).