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The economic impact of natural disasters in Viet Nam

Working papers

This paper forms part of a wider investigatory study on the economic impacts of natural disasters in south-east Asia and the Pacific. The paper is one of three case studies, examining recent experiences in Fiji, the Philippines and Viet Nam.

Findings include the following:

  • Natural disasters have important economic impacts in Viet Nam.
  • Various factors suggest that economic hazard vulnerability could increase further in the future.
  • Viet Nam remains an essentially agrarian economy to date. Natural disasters have clear adverse implications for the agricultural sector.
  • The significant financial scale of the country's structural flood protection requirements raises serious concerns about the future funding of disaster-related activities.
  • Overall government and donor policy and strategy documents have typically failed to identify natural disasters as a major threat to sustainable economic growth or as an obstacle to development.
Charlotte Benson