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Im gonna be 500 miles

/ March 4, 2021

Hanwha Life ties up with drugstore chain Pharmacity

Hanwha Life Vietnam on Wednesday signed a MOU with drugstore chain Pharmacity, making it a partner in the Korean insurance company’s customer care network. — Photo courtesy of Hanwha Life Vietnam Hanwha Life Vietnam on Wednesday signed a memorandum of understanding with drugstore chain Pharmacity, making it a partner in the Korean insurance company’s customer care network. Accordingly, Hanwha customers can pay their premiums at Pharmacity’s 500-odd drugstores across the country. Im Dong Jun, CEO and chairman of the member council of Hanwha Life Vietnam, said: “Healthcare is an essential part of our business. In the context of the pandemic particularly, human health has become an issue of great concern for most people. With the hope of bringing more benefits and healthcare services to customers, Hanwha Life Vietnam seeks to intensify co-operation with reliable healthcare partners, including Pharmacity. “I believe that this endeavour will provide more comprehensive healthcare service to customers of both parties. Pharmacity’s customers will get access to Hanwha Life’s financial protection solutions, and Hanwha Life’s customers, staff and agents will have access to medicines and better healthcare services from Pharmacity." Chris Blank, CEO of Pharmacity, said: “With a network of over 500 pharmacies in … Ha Noi, HCM City, Binh Duong, Ba Ria-Vung Tau, Dong Nai, Can Tho and Da Nang and professional, thoughtful pharmacists, we are confident that Pharmacity will bring the best services to customers. “The co-operation with a life insurer having a wide network of offices like Hanwha Life and its sister companies will also help us achieve the target of having 1,000 drugstores by the end of this year.” In December 2020, Hanwha signed a deal with Gene Solutions, a leading genetics company in Viet Nam. It is accelerating digitisation of its sales network. In 2020, its premiums grew by 20 per cent to nearly VND3.4 trillion (US$147.7 million). Its profits are …

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/ March 3, 2021

Vietnamese architect wins the 11th International Yuan Ye Architecture Awards

The Hanoitimes - Built at the edge of Cuc Phuong National Park within lush green forests, limestone mountains and natural water surfaces, the construction had outperformed nearly 1,000 competitive submissions of more than 500 architecture enterprises from over 20 countries and territories to be awarded such a prestigious prize. The Vedana restaurant which is designed by renown Vietnamese architect had won the Grand Prize of the International Yuan Ye Architecture Awards 2021. The bamboo work is among three winning projects of the prestigious Grand Prizes (Group B - Architectural Projects) which are The Big House designed by Frankie Pappas; the Potato Head Studios by David Gianotten and Ken Fung; and Vedana Restaurant by Vo Trong Nghia. Located inside a resort complex of the same name in the northern province of Vietnam, the Venada Restaurant had won the Grand Prize of the 11th International Yuan Ye Architecture Awards. The Vedana restaurant is part of a newly built luxurious Vedana resort. Similar to some award-winning architectures of Vo Trong Nghia, the restaurant was built on a peninsular of a giant natural lake in the locality, covering 1,050 square metres and stands 15.85 metres tall. It is built from 36 bamboo frames that form a three-storey dome with the largest roof radius of 18.3 metres. Built at the edge of Cuc Phuong National Park within lush green forests, limestone mountains and natural water surfaces, the construction had outperformed nearly 1,000 competitive submissions of more than 500 architecture enterprises from over 20 countries and territories in the world to be awarded such a prestigious prize. Water plays an important role in regulating the temperature for the construction as well as offering great natural experiences for diners. It is also a reservoir that stores rainwater running down from the nearby mountains, that …

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/ July 31, 2020

Vietnam discovers oil & gas well with record reserves

The Hanoitimes - The Ken Bau well is set to be put into operation by 2028. An oil and gas well has been discovered offshore Vietnam with record reserves that help state-run energy group PetroVietnam fulfil its reserves plan set for this year, local media reported. The discovery of Ken Bau-2X, located in Block 114 of the Red River Basin, is estimated to provide 9 trillion cubic feet in place with 400 – 500 million barrels (Mbbl) of associated condensates. Ken Bau well to increase Vietnam’s oil, gas reserve in 2020. Photo: Keri Jackson/Pixabay Eni Vietnam and Essar E&P, two operators of Block 114, each holds 50% share of the exploration contract. In 2020, Ken Bau-2X was drilled 2km apart from Ken Bau-1X, the first well in 95 meters of water depth till a total depth of 3,658 meters below sea level and encountered a pay in excess of 110 meters in several intervals of miocene sandstones interbedded with shale. The result of estimated reserves from Ken Bau-2X well appraisal is the historical discovery of Vietnam oil and gas industry so far. Eni Vietnam, with its partner, is currently planning additional drilling and testing on Ken Bau discovery coupled with new drilling and seismic activity in the Red River basin, where Eni operates with a 100% share the neighboring Block 116. The operator will prepare a reserve and mine development report. It is expected that Ken Bau can be put into exploitation by 2028, according to PetroVietnam. PetroVietnam said this is a crucial premise for exploration activities as well as further exploitation in the Quang Tri, Thua Thien-Hue and central regions, contributing strongly to promoting the gas power industry in the central region. It is also expected to contribute to ensuring national energy security and promote the sustainable development of Vietnam’s oil and gas sector in the future. The gas market in Vietnam is rapidly growing, driven by the country’s consistent GDP progression and …

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