The Devastating Impact of Typhoon Yagi: Quang Ninh Province Endures Losses of Nearly VND 24,000 Billion

With initial reports coming in from various units and localities in Quang Ninh province, the estimated total damage caused by Typhoon No. 3 amounts to a staggering 23.77 trillion VND.

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On September 15, according to the People’s Committee of Quang Ninh Province, Typhoon No. 3 made landfall, causing severe losses of life and property. As of now, 102,859 houses in the province were damaged, with 251 collapsed and 4,942 flooded or eroded.

The total damage caused by Typhoon No. 3 in Quang Ninh is estimated at VND 23,770 billion.

In terms of agriculture, 2,637 aquaculture facilities were damaged, 41 fishing vessels sank, 7,493 hectares of rice and crops were flooded or waterlogged, 2,040 cattle and 345,217 poultry were killed or washed away, and 87,798 hectares of planted forests were broken or fallen.

Typhoon No. 3 also resulted in the collapse of 5,345 electric poles in Quang Ninh Province. About 70% of urban green trees were fallen, mainly in Ha Long City, Cam Pha City, and Quang Yen Town. A total of 165 vessels of various types sank.

In terms of human losses, there were 25 deaths and 1,609 injuries in Quang Ninh Province due to Typhoon No. 3.

About 70% of urban green trees were fallen.

According to preliminary information from units and localities in Quang Ninh Province, the total damage caused by Typhoon No. 3 is estimated at VND 23,770 billion.

Along with urgently overcoming the consequences of Typhoon No. 3, Quang Ninh Province proposes and requests support and assistance from the Government as well as ministries and central agencies.

Specifically, it is proposed that the Government allow the addition of production and processing enterprises in the fields of forestry and aquaculture to the list of beneficiaries of support policies under Decree No. 02/2017/NĐ-CP on mechanisms and policies to support agricultural production to restore production in areas affected by natural disasters and epidemics.

At the same time, the Government directs ministries, sectors, and concerned agencies to provide debt freezing and rescheduling for the tourism, services, and trade industries that have been affected by the typhoon.

Typhoon No. 3 also caused the collapse of 5,345 electric poles in Quang Ninh Province.

Quang Ninh Province also proposed an increase in charter capital for enterprises in the forestry sector, exemption from land rent for 8 years (about VND 39.5 billion), and debt freezing (about VND 9.6 billion per year in interest payable to commercial banks).

In addition, the province requested the Government to direct the Vietnam National Coal-Mineral Industries Group to extend the debt repayment period for capital borrowed for growing mine support trees (about VND 58.57 billion) for at least the next 5 years.

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