Vietnamese stocks performance August 2022
After declining in the first two quarters, the Vietnamese stock markets showed signs of recovery in the first half of the third quarter. In august, the Vietnamese indexes became some of the world's top performing stock markets. The index's performance surpassed most markets in south east Asia even though it lagged behind the Philippines' benchmark. Last month's rally was supported by capital flows in many industries like retail, securities, chemicals, oil and gas, and construction materials. In August, Ho Chi Minh index is up by 6.1% and Hanoi index is up by 1.1%. Our reference portfolio is up by 4.7% this month. Anh Thomas returns over the long run are quite impressive. Since being launched, Anh Thomas portfolio overall return is +701.8% greatly outperforming both Hanoi and Ho Chi Minh indexes (+323.0% and +221.7% respectively).