Tropical Storm Linfa is the sixth tropical storm to hit Vietnam in 2020 and made landfall on October 11. Subsequently, Tropical Storm Nangka (Tropical Storm #7) made landfall over northeastern Vietnam on October 14. As of October 15, the flooding had adversely affected over 136,000 households - resulting in at least 40 deaths, injuring 15 people, and leaving 29 people missing, according to the Vietnam Disaster Management Authority and American Red Cross. In addition, 150,000 people have been evacuated and significant impacts on transportation networks and agricultural livelihoods have been reported. USAID Bureau for Humanitarian Assistance partner VNRC is on the frontlines of the response and has mobilized rapid disaster response teams established and trained through ongoing USAID disaster risk reduction programs to support evacuation, search and rescue, and emergency response operations. … [Read more...] about The United States Announces Assistance to Vietnam to Respond to Tropical Storm Linfa
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Over the years, tourism has become Hanoi’s spearhead economic sector, with revenue growing by an average of 12.1%. Last year, the city welcomed over 7 million foreign tourists and was included among the top 10 destinations for travelers around the world. … [Read more...] about Hanoi’s economic growth set to reach 3.94% this year
Demand stimulus in the current state of the Vietnamese economy in the short term should come with a pro-consumption policy - PHOTO: THANH HOA Private sector consumption is a major growth driver of the Vietnamese economy. It is all the more important as the Covid-19 pandemic has sent global demand plummeting and countries worldwide imposing travel restrictions. In an economy with a large population, low income, and a high rate of savings like Vietnam, which policy shall be adopted to stimulate demand in a sensible way? … [Read more...] about Demand stimulus: where to begin?
“Tourism service quality in Việt Nam had improved in recent years, but it has not yet attained its potential. A series of barriers remain, including traffic, food safety and slow digital transformation, while joint actions among agencies, local authorities, the private sector and State-owned industries in boosting tourism are yet to see rapid change,” Đam said. … [Read more...] about Domestic market to help tourism sector in post-COVID-19-period
Tuoi Tre (Youth) newspaper journalists had a chance to go aboard the ship 884 to survey the seabed in preparation for the construction of an aerial electricity grid to connect the mainland with Lai Son Island in the Pirates’ Archipelago in the western sea of Vietnam. … [Read more...] about East Vietnam Sea survey team – P1: Tidal check