Storm No. 3 caused estimated damage of 40,000 billion VND, GRDP growth in 2024 of many localities may decrease by more than 0.5%

The report of the Ministry of Planning and Investment shows that storm No. 3 has had a comprehensive impact on the socio-economic situation of our country.

An ancient tree on Hoang Hoa Tham Street, Hanoi fell due to storm No. 3. (Photo: Hai An)

Reporting at the "Standing Government Conference with localities affected by storm No. 3 on solutions to overcome consequences, support people and businesses to stabilize their lives, restore production and business activities, and promote growth", held on the morning of September 15, in Hanoi, Minister of Planning and Investment Nguyen Chi Dung said that the impact of storm No. 3 will have a strong impact on GDP growth in the third and fourth quarters of 2024.

Accordingly, the growth rate in the last 6 months of the year of the whole country and many localities is forecast to slow down. GDP growth in the third quarter of 2024 of the whole country may decrease by 0.35%; in the fourth quarter of 2024, decrease by 0.22% compared to the scenario without storm No. 3.

It is estimated that the GDP for the whole year may decrease by 0.15% compared to the proposed scenario, with growth estimated at 6.8-7%; of which, the agriculture, forestry and fishery sector may decrease by 0.33%; industry and construction by 0.05% and services by 0.22%.

The GRDP growth rate in 2024 of many localities such as Hai Phong, Quang Ninh, Thai Nguyen, Lao Cai... may decrease by more than 0.5%. Many roads were flooded and damaged, causing traffic activities (especially roads and railways) to be partially suspended.

The report of the Ministry of Planning and Investment shows that storm No. 3 has had a comprehensive impact on the socio-economic situation of our country.

Up to now, hundreds of people have died, thousands have been injured and have had severe psychological trauma for many people in the disaster area, especially children, the elderly and vulnerable groups.

Storms and floods have caused great damage to people and state property in the affected localities. Preliminary, incomplete estimates put the property damage caused by storm No. 3 at about 40,000 billion VND.

Of these, about 257,000 houses, 1,300 schools and many infrastructure works collapsed and were damaged; 305 dike incidents occurred, mainly large dikes of level 3 or higher; over 262,000 hectares of rice, crops and fruit trees were flooded, damaged and collapsed; 2,250 aquaculture cages were damaged and swept away; nearly 2.3 million livestock and poultry died and nearly 310,000 urban trees were broken.

Minister Nguyen Chi Dung said that farms, rice and crop growers, livestock and aquaculture households in most areas affected by storm No. 3, including coastal areas, urban areas, urban borders, rural areas, mountainous areas, etc., are the most severely damaged and need a lot of resources and time to restock, re-crop and re-produce. Especially when the North is in the season of planting crops and has not yet entered the harvest season.

In addition, many tourist and accommodation facilities are damaged and must be closed for repairs. Therefore, the North will miss the international tourist season (from September 2024 to April 2025) and may not be able to attract domestic tourists, especially key tourist destinations such as: Hanoi, Hai Phong, Quang Ninh, Lao Cai, Ha Giang...

Not only that, industrial and construction enterprises were also affected by the storm, especially the indirect impact of power outages, communication, labor and workers' families were affected.

To limit damage to businesses and overcome the damage, localities have made efforts to ensure adequate supply of electricity, water, and telecommunication connections so that businesses can resume production as soon as the weather is more favorable.

Along with that, social issues, especially health care, education, environment, clean water in rural areas, clean water in urban areas, employment, people's lives... need special attention, resource priority and quick implementation after storms and floods, to prevent epidemics from breaking out and avoid causing a resonant impact on people's lives.

The infrastructure system of localities due to the impact of the storm, many places were seriously damaged. Many essential infrastructure works, civil works such as roads, bridges, culverts, electricity, water supply, drainage, telecommunications, information, schools... were damaged, needing to be repaired soon. Irrigation infrastructure works, dykes, dams of hydroelectric plants... were damaged, posing potential risks and dangers when the storm and flood situation in the coming time is forecast to be very complicated.

“Recently, there has been a lot of bad and inaccurate information, causing panic and fear among people, affecting the work of preventing and fighting storms and floods and overcoming damage after storms. The security, order and social safety situation has seen some complicated factors, especially online fraud,” Minister Nguyen Chi Dung advised people to take proactive precautions.

Source: https://baoquocte.vn/bao-so-3-gay-thiet-hai-uoc-tinh-40000-ty-dong-tang-truong-grdp-nam-2024-cua-nhieu-dia-phuong-co-the-giam-tren-05-286395.html