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Lychees and the agricultural revolution in Vietnam

Farmers in the northern province of Hai Duong have earned revenue of VND1,600 billion in the lychee season this year, the highest ever.  Farmers in Bac Giang province are now in the last days of the lychee season, with earnings from this specialty fruit at nearly VND7,000 billion. This year, with an output of nearly […]

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A customer counts her ringgit notes outside a money changer at the central business district in Singapore in this August 25, 2015 file photo.  Malaysia's ringgit jumped more than 5 percent to a five-week high on October 7, 2015 on stop-loss dollar selling and higher local stocks.  The ringgit, the worst performing Asian currency so far this year, surged as much as 5.2 percent to 4.1600 per dollar, its strongest since Sept 1.     REUTERS/Edgar Su/Files
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Malaysia: Ringgit firms up on higher crude prices

KUALA LUMPUR: The ringgit opened firmer against the US dollar on Friday, buoyed by the rise in oil prices. At 9am, the local note was traded at 4.1810/1840 against the greenback from 4.1815/1830 at Thursday’s close. At the time of writing, oil benchmark Brent crude rose 0.47 per cent to US$74.42 per barrel. However, Bank […]

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ADB helps boost Vietnam’s private sector development

The Asian Development Bank (ADB) has approved a 4.6 million USD technical assistance to help the Vietnamese Government to strengthen public-private partnership (PPP), private sector development, and state-owned enterprise (SOE) reform. The technical assistance will provide policy advice, assist in infrastructure project preparation, and strengthen institutional capacity to enhance sustainable economic growth. The financing includes […]

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