January 2019 stock performance

January has been an interesting (and good) month for us. Despite the main indexes remaining mainly stable, our reference portfolio ended up the month with a rather impressive 2.9% raise. Keeping up the momentum from the previous year, the Vietnamese economy got off to a strong start in 2019 with many robust macroeconomic indices in the first month of the year. According to the General Statistics Office, the index of industrial production in January scored an expansion of 7.9%. Over the month, Hanoi index is down by 1.3% while Ho Chi Minh index is up by 0.9%. Anh Thomas returns over the long run are impressive. Since being launched, Anh Thomas portfolio overall return is +321.2%, greatly outperforming both Hanoi and Ho Chi Minh indexes (+49.1% and +128.8% respectively).

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