Investors on the Vietnamese stock markets needed strong nerves in recent months. At the start of the year, Vietnam had one of the best stock market performances in the World before experiencing a very delicate period marked by a sharp fall in equities. The majority of experts now believe that the period of high volatility is over. Inflation now seems to be contained and Dong has become more stable. Over the month, Hanoi index is up 6.2% and Ho Chi Minh index is up by 3.4%. Our reference portfolio ended up the month with a 4.9% gain. Anh Thomas returns over the long run are impressive. Since being launched, Anh Thomas portfolio overall return is +322.0%, greatly outperforming both Hanoi and Ho Chi Minh indexes (+63.4% and +148.6% respectively).