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Vietnam stock market performance: July 2023

Writer's picture: AdminAdmin

In August 2023, there was a significant increase in the number of new securities accounts opened in Vietnam, with over 190,000 new accounts being created. This was the second month in a row with more than 150,000 new accounts, and most of these were opened by individual investors in Vietnam. Additionally, the trading activity in the stock market has been rising, with a recent session reaching a trading volume of $1.5 billion.


During the same month, the Hanoi index, which represents the northern stock exchange, went up by 4.3%, indicating a positive trend in the market. The Ho Chi Minh index, representing the southern exchange, also saw a small increase of 0.1%, showing some resilience in the face of potential challenges.


Anh Thomas' investment portfolio has consistently delivered impressive results over the long term. Since its inception, the portfolio has achieved an outstanding overall return of 752.9%, which is significantly higher than the returns of both the Hanoi index (261.9%) and the Ho Chi Minh index (207.5%). This remarkable performance highlights Anh Thomas' successful investment strategy and his ability to navigate the Vietnamese market effectively. It serves as an inspiring example of the opportunities available to smart investors in Vietnam's financial landscape.




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