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Vietnamese stocks performance August 2021

In the first months of 2021, Vietnam’s stock market witnessed the largest value of foreign investors net selling. As of August 30, foreign investors net sold more than $1.5 billion. Previously in 2020, they net sold about $1 billion. Some of the Vietnamese stock market experts forecast that foreign investors will undertake strong net buying in the fourth quarter of this year to prepare for next year’s expected economic recovery. Over the month, Ho Chi Minh index is up by 1.6% and Hanoi index is up by 8.4%. Our reference portfolio is up by 6.4% this month. Anh Thomas returns over the long run are quite impressive. Since being launched, Anh Thomas portfolio overall return is +643.3% greatly outperforming both Hanoi and Ho Chi Minh indexes (+394.6% and +234.5% respectively).

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