Vietnam’s rapid development has given rise to a legion of threats to both the quantity and quality of its water sources, according to the World Bank study released this month. The combination of threats, particularly flooding, worsening pollution, and competition among sectors for water in the dry season, could cut GDP by about 6 percent annually by 2035. The impact of polluted water on human health alone could reduce the country’s GDP by 3.5 percent. If this pollution is not handled by 2030, the financial costs will be staggering for Vietnam – $12.4 – 18.6 million a day, the study found. Urban wastewater is expected to account for the majority of effluents (60 percent) over the next 15 years, while industrial wastewater might follow with 25–28 percent and rural wastewater with 12–15 percent. Water treatment is insufficient in Vietnam. The Ministry of Construction statistics show only 46 percent of urban households are connected to drainage systems and a mere 12.5 percent of municipal wastewater is treated. 326 industrial zones countrywide were in operation by the end of last year. 220 among them, or 88 percent, had wastewater treatment plants. Only 71 percent of industrial wastewater is treated and the majority of the… Read full this story
- World Bank slashes India's growth forecast to 6% for this fiscal year
- World Bank's Georgieva approved as new IMF chief
- India halved its poverty rate since 1990s: World Bank
- World Bank President David Malpass to visit India, Pakistan later this month
- Latin America's ALBA Versus the G20 and World Bank?
- World Banking Industry - Rise, Fall & Recovery
- Bangladesh, Nepal ahead of India as growth in South Asia slows down: World Bank report
- World Bank slashes India growth forecast for FY20 to 6% from 7.5%
- India's poverty rate lowest among nations with poor population: World Bank
- The Guardian view on the IMF and World Bank: back a global Green New Deal
World Bank sounds warning about Vietnam’s gloomy water situation have 291 words, post on e.vnexpress.net at June 11, 2019. This is cached page on VietMaz. If you want remove this page, please contact us.