June has been a disappointing month for the Vietnamese stock markets. The markets have been waiting to see if the Vietnam-EU Trade Agreement would go through. On July the first, it was announced that the trade agreement had been signed. It is expected to have a positive effect on the Vietnamese stock market through a group of beneficiary shares such as textiles, fisheries, timber and seaport exports. European countries are also eager to tap into Vietnam's market. Over the month, both Hanoi index and Ho Chi Minh index recorded moderate losses. Hanoi index is down by 0.8% and Ho Chi Minh index is down by 1.2%. Our reference portfolio is down by 0.5%. Anh Thomas returns over the long run are impressive. Since being launched, Anh Thomas portfolio overall return is +328.8% greatly outperforming both Hanoi and Ho Chi Minh indexes (+50.0% and +138.3 respectively).