BR100 Decreased By (-0.15%)
BR30 Decreased By (-0.74%)
KSE100 Decreased By (-0.41%)
KSE30 Decreased By (-0.67%)
BECO 5.80 Decreased By ▼ -0.23 (-3.81%)
BML 58.03 Increased By ▲ 5.28 (10.01%)
BOP 33.85 Decreased By ▼ -0.40 (-1.17%)
CNERGY 8.15 Decreased By ▼ -0.01 (-0.12%)
DCL 11.77 Decreased By ▼ -0.57 (-4.62%)
FCCL 53.35 Decreased By ▼ -0.54 (-1%)
FCSC 5.40 Increased By ▲ 0.18 (3.45%)
FFL 17.89 Decreased By ▼ -0.14 (-0.78%)
FNEL 1.31 Increased By ▲ 0.01 (0.77%)
HUMNL 11.06 Increased By ▲ 0.06 (0.55%)
KEL 8.05 Decreased By ▼ -0.06 (-0.74%)
KOSM 5.45 Increased By ▲ 0.07 (1.3%)
MLCF 87.19 Decreased By ▼ -0.86 (-0.98%)
NBP 184.60 Decreased By ▼ -1.88 (-1.01%)
PACE 11.62 Increased By ▲ 0.90 (8.4%)
PAEL 40.31 Increased By ▲ 0.37 (0.93%)
PIAHCLA 26.10 Decreased By ▼ -0.07 (-0.27%)
PIBTL 17.09 Decreased By ▼ -0.23 (-1.33%)
PPL 228.40 Decreased By ▼ -4.38 (-1.88%)
PRL 34.59 Decreased By ▼ -0.36 (-1.03%)
PTC 67.35 Decreased By ▼ -0.21 (-0.31%)
SEARL 91.00 Increased By ▲ 0.07 (0.08%)
SSGC 26.90 Decreased By ▼ -0.27 (-0.99%)
TELE 8.53 Decreased By ▼ -0.04 (-0.47%)
THCCL 66.14 Increased By ▲ 6.01 (10%)
TPLP 9.29 Increased By ▲ 0.53 (6.05%)
TREET 24.59 Increased By ▲ 0.05 (0.2%)
TRG 71.69 Decreased By ▼ -0.06 (-0.08%)
WAVES 10.98 Increased By ▲ 1.00 (10.02%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)
By

HANOI: Vietnam suffered $3.3 billion in economic losses as a result of deadly Typhoon Yagi, which swept across the country’s north earlier this month causing hundreds of fatalities, state media reported Saturday.

Yagi battered northern Vietnam, Laos, Thailand and Myanmar in early September, triggering floods and landslides that left more than 700 people dead.

Officials have calculated that economic losses in communist Vietnam amount to $3.3 billion, state media said in reports on a government meeting about the consequences and lessons learned from the disaster.

A total of 299 people were killed and 34 reported missing in Vietnam, while officials in junta-ruled Myanmar have confirmed 433 fatalities with 79 still missing.

The typhoon was the strongest to hit northern Vietnam in decades, bringing powerful winds and a deluge of rain to the country’s densely populated Red River delta.

The vital agricultural region is also home to major manufacturing hubs, and the storm damaged factories and infrastructure, and inundated farmland.

More than 390,000 houses were damaged or flooded, more than 345,000 hectares of crops were damaged and 5.6 million head of poultry were killed due to Yagi, figures from the Vietnam’s agriculture ministry said.

Six million children across the region were affected by the storm, according to the United Nations children’s agency UNICEF, with access to clean water, education, healthcare, food and shelter all compromised. Vietnam is prone to tropical storms, which often bring deadly flash floods and landslides, hitting the country between June and November every year.

But human-driven climate change is causing more intense weather patterns that can make destructive floods more likely.

Comments

Comments are closed for this article.