Xinhua world economic news summary at 0930 GMT, Aug. 21

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SEOUL -- South Korea's export dropped in double digits for the first 20 days of this month owing to soft demand for locally-made products, especially semiconductors, customs office data showed Monday.

Outbound shipment dipped 16.5 percent from a year earlier to 27.86 billion U.S. dollars in the Aug. 1-Aug. 20 period, according to Korea Customs Service. (South Korea-Export)

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HONG KONG -- Hong Kong's Hang Seng Index fell 152.38 points, or 0.85 percent, to open at 17,798.47 points on Monday. (Hong Kong-Stock Market-Hang Seng Index)

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KABUL -- Afghanistan's central bank Da Afghanistan Bank (DAB) sold 14 million U.S. dollars by auction on Monday to stabilize the exchange rate of the national currency afghani, the bank said in a statement.

The local currency afghani has been tumbling against foreign currencies, especially the U.S. dollar, over the past couple of months. The exchange rate of one U.S. dollar increased from last week's 84.1 afghanis to 85 afghanis on Monday. (Afghanistan-Currency-Central Bank)

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HANOI -- The Vietnamese retail sector is expected to maintain 8-9 percent growth in 2023 despite difficulties, local newspaper Vietnam News reported on Monday.

The main goal set for this year is to promote the strong development of the domestic market, the newspaper cited Tran Duy Dong, head of the Domestic Market Department under the Ministry of Industry and Trade. (Vietnam-Retail Sector) Enditem

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