Social News 2/4 (Hourly Updated)Vietnam loses 1%-1.5% GDP a year to natural disastersNatural disasters are claiming over 400 lives and causing a loss of between 1%-1.5% GDP a year for Vietnam. Natural disaster mitigation was discussed at a meeting with Prime Minister Nguyen Xuan Phuc in Hanoi on March 29. The Central Steering Committee for Natural Disaster Prevention and Control said the disasters had become more unpredictable and severe. According to the committee, Vietnam faces more risks due to rapid but unsustainable infrastructure and economic developments. Through the festival, the Vietnamese delegation hoped to promote the country’s culture to international friends, thus building trust and enhancing integration.

Source: VietNamNet News April 02, 2018 03:11 UTC