MANILA, SEPT 27 – The Asian Development Bank (ADB) said today that it has approved a US$2 million grant to help Vietnam provide emergency and humanitarian services to people affected by Typhoon Yagi in the country’s northern region, reports Xinhua.
Yagi, the strongest typhoon to hit Vietnam in decades, made landfall on the country’s northern coast on September 7. As of Tuesday, 337 people were killed or reported missing, and 1,935 others were injured, according to Vietnam’s Disaster Management Authority.
The typhoon and subsequent floods and landslides caused widespread damage in 26 provinces, with an estimated 37 million people living in the affected areas. Initial economic losses across northern Vietnam are estimated at around US$2.6 billion.
The grant is provided by the Asia Pacific Disaster Response Fund, which aims to support ADB development members affected by major disasters triggered by natural disasters. – Named
