AGL 38.48 Decreased By ▼ -0.08 (-0.21%)
AIRLINK 203.02 Decreased By ▼ -4.75 (-2.29%)
BOP 10.17 Increased By ▲ 0.11 (1.09%)
CNERGY 6.54 Decreased By ▼ -0.54 (-7.63%)
DCL 9.58 Decreased By ▼ -0.41 (-4.1%)
DFML 40.02 Decreased By ▼ -1.12 (-2.72%)
DGKC 98.08 Decreased By ▼ -5.38 (-5.2%)
FCCL 34.96 Decreased By ▼ -1.39 (-3.82%)
FFBL 86.43 Decreased By ▼ -5.16 (-5.63%)
FFL 13.90 Decreased By ▼ -0.70 (-4.79%)
HUBC 131.57 Decreased By ▼ -7.86 (-5.64%)
HUMNL 14.02 Decreased By ▼ -0.08 (-0.57%)
KEL 5.61 Decreased By ▼ -0.36 (-6.03%)
KOSM 7.27 Decreased By ▼ -0.59 (-7.51%)
MLCF 45.59 Decreased By ▼ -1.69 (-3.57%)
NBP 66.38 Decreased By ▼ -7.38 (-10.01%)
OGDC 220.76 Decreased By ▼ -1.90 (-0.85%)
PAEL 38.48 Increased By ▲ 0.37 (0.97%)
PIBTL 8.91 Decreased By ▼ -0.36 (-3.88%)
PPL 197.88 Decreased By ▼ -7.97 (-3.87%)
PRL 39.03 Decreased By ▼ -0.82 (-2.06%)
PTC 25.47 Decreased By ▼ -1.15 (-4.32%)
SEARL 103.05 Decreased By ▼ -7.19 (-6.52%)
TELE 9.02 Decreased By ▼ -0.21 (-2.28%)
TOMCL 36.41 Decreased By ▼ -1.80 (-4.71%)
TPLP 13.75 Decreased By ▼ -0.02 (-0.15%)
TREET 25.12 Decreased By ▼ -1.33 (-5.03%)
TRG 58.04 Decreased By ▼ -2.50 (-4.13%)
UNITY 33.67 Decreased By ▼ -0.47 (-1.38%)
WTL 1.71 Decreased By ▼ -0.17 (-9.04%)
BR100 11,890 Decreased By -408.8 (-3.32%)
BR30 37,357 Decreased By -1520.9 (-3.91%)
KSE100 111,070 Decreased By -3790.4 (-3.3%)
KSE30 34,909 Decreased By -1287 (-3.56%)

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.