Vietnamese stock indices plunged in April. This crisis is attributed to recent arrests of businessmen for alleged market manipulation. In addition, investors are worried about the high inflation that the country is experiencing. However, one should bear in mind that Vietnamese stocks had seen stunning performances since March 2020 and unfortunately, trees do not grow to the sky. In April, Ho Chi Minh index is down by 8.4% and Hanoi index is down by 18.6%. Our reference portfolio is down by 12.4% this month. Anh Thomas returns over the long run are quite impressive. Since being launched, Anh Thomas portfolio overall return is +740.3% greatly outperforming both Hanoi and Ho Chi Minh indexes (+430.1% and +243.4% respectively).
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