Vietnam was once again one of the World’s best-performing market in May. The gains came despite Vietnam’s Covid situation taking a turn for the worse in recent days. Social distancing measures were imposed in a few areas over the country. Vietnam is now switching its focus on getting its population vaccinated. Over the month, Ho Chi Minh index is up by 7.2% and Hanoi index is up by 12.8%. 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 +630.0% greatly outperforming both Hanoi and Ho Chi Minh indexes (+360.6% and +233.6% respectively).