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Since early October, the north-central coast and central region in Vietnam have faced storm after storm along with severe flooding and landslides. Statistics from the Vietnam Disaster Management Authority show that as of October 24, 130 died and 18 remained missing. A total of 889,605 people were affected by the storms, 290,000 homes were flooded and damaged and 122,600 people were evacuated. It is estimated that up to 7 million are affected by the aftermaths and 5 million may fall into poverty. … [Read more...] about VIETNAM NEWS NOVEMBER 28 (updated hourly)

The roads to Nam Hài Village in Hà Nội’s suburban district of Chương Mỹ are so flooded that the village has been receiving safe water via canoes sent daily by the district’s High Command. — Photo vietnamnet.vn HÀ NỘI — The roads to Nam Hài Village in Hà Nội’s suburban district of Chương Mỹ are so flooded that the village has been receiving safe water via canoes sent daily by the district’s High Command. At the edge of the village in Nam Phương Tiến Commune, the water line reaches towards some roofs and treetops. … [Read more...] about Floods wreak havoc on Hà Nội suburbs

A local in Nam Phương Tiến Commune uses a boat to travel due to the heavy floods. — Photo vietnamnet.vn Viet Nam News HÀ NỘI – Hà Nội will seek funds to relocate hundreds of households living in two communes of Hà Nội’s Chương Mỹ District, the chairman of Hà Nội People’s Committee said. … [Read more...] about HN to relocate residents living in flooded areas

Representatives of the banking industry have generally outperformed their VN30 peers, with four tickers among the 10 best gainers. Between March-end and last Thursday's session, CTG of state-owned giant VietinBank was up 92 percent, HDB of private HDBank, 92 percent, STB of private Sacombank, 90 percent, and MBB of mid-sized state-owned Military Bank, 65 percent. … [Read more...] about Blue chips that carried VN-Index deep into the green