Vietnamese stocks performance March 2021
The Vietnamese stock markets continued to climb in March. Investors are getting more and more confident in the rally and the overall sentiment is good thanks to positive news such as a recovery in the economy in the first quarter and the government’s control over the pandemic. The recovery in Vietnamese stocks has been supported by investments from local funds while foreigners have been net sellers so far this year according to data compiled by Bloomberg. Over the month, Ho Chi Minh index is up by 2.0% and Hanoi index is up by 15.0%. Our reference portfolio is up by 11.2% this month. Anh Thomas returns over the long run are quite impressive. Since being launched, Anh Thomas portfolio overall return is +610.0% greatly outperforming both Hanoi and Ho Chi Minh indexes (+315.4% and +199.3% respectively).