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Economy

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Vietnam bags $2bln from fruit and vegetable exports in first seven months

Vietnam earned nearly $2 billion from fruit and vegetable exports in the first seven months, down 12.3% from a year ago, according to the Ministry of Agriculture and Rural Development.

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Government gets $9.4bln from State-owned enterprise equitisation

Between 2016 and June 2020, equitisation of State-owned enterprises and State capital divestment brought $9.4 billion, reported the steering committee for enterprise reform and development.

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Central bank cuts compulsory reserve interest rates to support pandemic-hit economy

The State Bank of Vietnam announced late Thursday it has lowered rates on compulsory reserves at banks by 0.2-0.5 percentage points to back the economy devastated by the Covid-19 pandemic.