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Vietnamese stocks performance January 2022

After an extraordinary year in 2021, the Vietnamese stock market experienced a more delicate situation during the first weeks of 2022. The HNX index thus recorded its largest monthly decline since March 2020. International organizations estimate that the Vietnamese economy , thanks to FDI inflows and free trade agreements, will maintain its momentum in 2022. Vietnam's GDP growth rate is expected to reach 6.8% in 2022 and 6.5% in 2023. In January, Ho Chi Minh index is down by 1.3% and Hanoi index is down by 12.1%. Our reference portfolio is down by 1.3% this month. Anh Thomas returns over the long run are quite impressive. Since being launched, Anh Thomas portfolio overall return is +797.1% greatly outperforming both Hanoi and Ho Chi Minh indexes (+503.9% and +271.6% respectively).

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