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* Trung Nguyen Company said it has acquired a coffee plant owned by Vinamilk, Vietnam's largest dairy product firm, in the southern province of Binh Duong, which will help triple Trung Nguyen's instant coffee processing capacity.

* State-owned shipbuilder Vinashin said it will receive an additional capital of VND2.5 trillion (US$128 million) from the government to help it speed up the process of building ships and ensure their delivery this year

* Banks issued more than three million domestic debit cards in the first half of 2010, bringing the total number of debit cards in Vietnam to more than 23.3 million, industry statistics show.

* Consumer prices will rise by 0.3 percent to 0.35 percent in September and the government's target of 8 percent inflation for the whole year "is achievable", Sacombank Securities Joint-Stock Co., the fourth-biggest brokerage in Vietnam, forecast.

* The Finance Ministry plans to draft a law on price management to make sure businesses comply with the government's pricing requirements and encourage competition, said Nguyen Tien Thoa, director the ministry's price management department.

* PetroVietnam Gas Corp., a unit of Vietnam Oil & Gas Group, plans to reduce the size of its initial public offering by about 50 percent to avoid flooding the stock market with too many shares. The fuel supplier expects to raise at least VND2.9 trillion (US$149 million) selling 95 million shares, or a 5 percent stake.

* Vietnam's phone subscribers reached 156 million as of August, 90.3 percent of which were mobile phones, Deputy Minister of Information and Communications Le Nam Thang said. The country has a density of 180.7 phones for every 100 people.

* Dung Quat oil refinery, the first of its kind in Vietnam, has sold 4.74 million tons of products since commencing operations, according to a statement filed on the government's website. The refinery, which is operating at its current full capacity, has imported 5.72 million tons of crude oil, producing 4.98 million tons of products.

* The Vietnam Food Association raised the contract price for rice exports until October. The floor price for 5 percent broken rice will be raised to US$475 a ton from $450 a ton, while the price for 25 percent broken rice will be set at $435 per ton, up from $410 per ton. Vietnam had shipped 4.96 million tons of rice valued at $2.1 billion this year until September 10.

* Dairy firm Vinamilk said it has been granted a license to invest in a dairy plant in New Zealand, its first investment project overseas. Vinamilk will own 19.3 percent of the US$88-million Miraka Limited, which is set to begin operations in August next year.

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