According to Reuters, Typhoon Yagi, the strongest storm to hit Asia in 2024, made landfall in Northern Vietnam, causing widespread damage.
The typhoon hit the northeastern coast of Vietnam on September 7, home to significant manufacturing operations for domestic and foreign companies. The storm left millions of households and businesses without power, flooded highways, disrupted telecommunications networks, and halted economic activity in several industrial zones.
Some leaders and workers in the industrial parks and factories in Hai Phong told Reuters that they were without power and trying to salvage equipment and goods from the rain as the factories’ roofs had been blown away.
“People are trying to secure the sites and dry the inventory”, said Bruno Jaspaert, director of the DEEP C industrial zone, which houses factories of over 150 investors in Hai Phong and the neighboring province of Quang Ninh.
The wall of LG Electronics’ factory in Hai Phong collapsed. Photo: Reuters
Also, according to Reuters, the wall of LG Electronics’ factory in Hai Phong collapsed. LG Electronics, a major manufacturer of home appliances and consumer electronics, reported no casualties among its employees and acknowledged the damage at its production site, noting that a warehouse containing refrigerators and washing machines had been flooded.
“There is a lot of damage”, said Hong Sun, chairman of the Korean Business Association in Vietnam, when asked about the typhoon’s impact on Korean factories in the coastal regions. A manager of leased factories confirmed widespread damage to roofs and prolonged power outages in the northern provinces.
A Meeting of Great Minds: Prime Minister Pham Minh Chinh and the Lao People’s Revolutionary Party Central Committee’s General Secretary and President
On the afternoon of September 10, at the Government Headquarters, Prime Minister Pham Minh Chinh met with the General Secretary and President of the Lao PDR, Mr. Thongloun Sisoulith. This meeting was held on the occasion of the official state visit to Vietnam by the Lao leader, who was accompanied by a high-level delegation of the Lao People’s Revolutionary Party and Government.
Sure, I can assist you with that.
## Warm Welcome for the Mozambican President by General Secretary and President Tô Lâm
I hope this captures the essence of your request. Let me know if any adjustments are needed.
Upon the invitation of General Secretary and President To Lam and his spouse, the President of the Republic of Mozambique, Filipe Jacinto Nyusi, and his spouse, arrived in Hanoi on September 8 for a three-day official visit to Vietnam.
Petrovietnam Extends Support to Fellow Citizens Affected by Storm Yagi
On September 10, in Hanoi, the Vietnam National Oil and Gas Group (Petrovietnam) launched a donation drive to support the people of the localities affected by the recent Storm No. 3 (Yagi). The drive aims to assist in relief efforts and help the community recover from the storm’s aftermath.
The Northern Central Provinces Stand with the People in Storm and Flood-affected Areas
“The spirit of compassion and mutual support has been a long-standing tradition in the North Central provinces of Vietnam. Once again, the region has come together to extend a helping hand to those affected by the devastating storms and floods, embodying the essence of sharing and caring in times of need.”
“SGI Capital: Equity Inflows Unlikely to Improve Amid Global Market Turbulence”
According to SGI Capital, the Vietnamese stock market has never witnessed a phase where it sustains an upward trajectory amidst a sharp decline in liquidity.
