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Vietnamese stock markets: September 2020 summary

September was another great month for Vietnamese stock markets. Vietnam has been praised globally for its work to contain the Covid epidemic19. Commercial flights to many Asian countries have resumed and these flights are expected to support FDI inflows to the country. Economically, Vietnam fares much better than most other countries, and the latest preliminary figures from Vietnam's General Statistics Office only confirm this trend.

Over the month, Ho Chi Minh index is up by 2.7% and Hanoi index is up by 6.5%. Our reference portfolio is up by 5.9% this month. Anh Thomas returns over the long run are quite impressive. Since being launched, Anh Thomas portfolio overall return is +372.1% greatly outperforming both Hanoi and Ho Chi Minh indexes (+92.6% and +127.4% respectively).

We measure only the performance of the money that was invested. We factor in any cash received in the form of dividends from stocks purchased and any realized cash that was held resultant of the sale of a stock. We do not however factor in sums received for investment that did not enter the investment cycle. Please remember that past performance is no guarantee of future results.

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