Vietnam reports over US$330mil in losses from Typhoon Matmo


HANOI (Xinhua): The damage caused by Typhoon Matmo in Vietnam was estimated at over 8.7 trillion Vietnamese dong (US$330.3 million) as of Monday morning, Vietnam News Agency reported, citing the Vietnam Disaster and Dyke Management Authority.

The northern province of Thai Nguyen suffered the heaviest losses, estimated at about 4 trillion Vietnamese dong (about 151.9 million dollars).

Prime Minister Pham Minh Chinh on Sunday approved an additional emergency relief package worth 400 billion Vietnamese dong (about 15.2 million dollars) from the central budget reserve for four provinces -- Thai Nguyen, Cao Bang, Lang Son, and Bac Ninh -- to help address the aftermath of recent floods, local daily VnEconomy reported.

Last week, the prime minister had allocated 140 billion Vietnamese dong (about 5.3 million dollars) to the same localities.

According to the latest update from the authority, floods triggered by Typhoon Matmo have so far left 16 people dead and injured 15 others. - Xinhua

 

 

 

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