ADB provides $2 million in aid to help people in storm-hit areas overcome difficulties

The grant is funded from the Asia- Pacific Disaster Response Fund, designed to provide assistance to ADB's developing member countries affected by major natural disasters.

In addition, ADB is working with other development partners to support the Government in its disaster response, including assessing support needs in affected northern provinces.

The aim of this financial institution is to ensure that people in disaster-hit areas have access to basic health and social services as well as the resources needed to restore their lives and livelihoods.

Mr. Shantanu Chakraborty, ADB Country Director for Vietnam, said he highly appreciated the remarkable efforts of the Government and people of Vietnam in responding to the damage caused by Typhoon Yagi.

“This grant will contribute to the Government’s broader efforts to provide immediate humanitarian relief. ADB is also committed to supporting the Government in its post-disaster recovery efforts in the affected provinces, with the goal of rebuilding more effectively and enhancing resilience to natural disasters in an increasingly complex landscape,” said Mr. Shantanu Chakraborty.

Typhoon Yagi, considered the strongest storm to hit Vietnam in decades, has left 337 people dead or missing and 1,935 injured as of September 24, according to the Department of Dyke Management and Natural Disaster Prevention.

The devastation caused by the storm, along with subsequent flooding and landslides, caused severe damage in 26 provinces and cities, affecting some 37 million people. Initial economic losses in the north were estimated at $2.6 billion.