Typhoon Bualoi caused significant damage in northern central Vietnam, with property losses estimated at USD 303 million. Nearly 170,000 homes were affected, while roads, schools, and offices suffered damage. Tens of thousands of households faced power outages, and over 34,000 hectares of crops were destroyed. Industrial facilities largely avoided major harm, though some large factories were in the storm's path. The typhoon disrupted transport services and school operations in Hanoi. Vietnam's coastline remains highly vulnerable to typhoons, with previous storms causing severe losses and fatalities.
Vietnam's government has estimated that Typhoon Bualoi caused around 8 trillion dong (USD 303 million) in property damage this week. A preliminary assessment revealed that nearly 170,000 homes were damaged or flooded. The typhoon made landfall in northern central Vietnam earlier this week, bringing large sea swells, strong winds, and heavy rainfall, which resulted in at least 29 deaths and left 22 people missing, according to the country's disaster management agency.
The storm caused significant damage to roads, schools, and offices, and triggered power outages affecting tens of thousands of households. Agriculture also suffered, with more than 34,000 hectares of rice and other crops destroyed. The report did not indicate any major damage to industrial properties, though several large factories near the affected areas including those operated by Foxconn, Formosa Plastics, Luxshare, and Vinfast were in the storm's path.
Flooding was widespread across northern Vietnam, disrupting flights and train services. In Hanoi, schools were closed, and many homes were inundated. Vietnam's long coastline along the South China Sea makes it highly susceptible to typhoons, which have historically caused extensive damage. For instance, Typhoon Yagi struck last year, killing approximately 300 people and causing damages of around USD 3.3 billion in the northern region.
Source Reuters
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