Vietnamese stocks performance November 2022

After two consecutive months of strong declines, Vietnam’s stock market has stabilized in November. Despite several economic challenges, Vietnam’s GDP growth is forecast to reach 8% for the 2022 year, the highest among major countries in the Asia Pacific region. In December 2022, Hanoi index is down by 2.1% and Ho Chi Minh index is down by 2.8%. Our reference portfolio is up by 0.7%. Anh Thomas returns over the long run are quite impressive. Since being launched, Anh Thomas portfolio overall return is 596.4%, greatly outperforming both Hanoi and Ho Chi Minh indexes (196.3% and 156% respectively).