Vietnam PM Approves US$12B Plan to Cope with Natural Disasters by 2020
Vietnamese Prime Minister Nguyen Tan Dung has approved a plan to spend VND215 trillion (US$12 billion) for the national strategy on natural disaster prevention, response and mitigation from now to 2020, according to the Ministry of Agriculture and Rural Development.
The strategy aims to boost involvement of the public in dealing with calamities, to upgrade sea dyke systems.
Natural disasters killed 400 Vietnamese and caused property damages estimated at 1%-1.5% of the country’s GDP a year. (New Hanoi)