The hardest-hit provinces, including Hai Phong, Quang Ninh, Thai Nguyen, and Lao Cai, could see their growth rates decline by more than 0.5 percentage points. The agriculture, forestry, and fishery sectors are expected to suffer the most, with a projected 0.33 percentage point drop in growth. Viet Nam's original annual growth forecast for this year was between 6.8 percent and 7.0 percent.
Meanwhile, Myanmar is also grappling with severe aftermath, reporting 113 deaths and 64 missing persons. About 72,900 homes have been damaged, displacing around 320,000 people. The junta spokesperson, Zaw Min Tun, acknowledged the extensive damage, with analysts suggesting the actual toll could be much higher due to communication disruptions and unaccounted areas outside government control.
Typhoon Yagi's impact extends beyond Viet Nam and Myanmar, having first struck the Philippines and causing significant flooding in northern Thailand's Chiang Mai and Chiang Rai regions. The widespread destruction has prompted Myanmar's military government to make an unusual appeal for international assistance.
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