Rapid growth could cost Vietnam’s coast dear: World Bank

Rapid growth could cost Vietnam's coast dear: World Bank
A restaurant on Cua Dai Beach of central Quang Nam Province is demolished by waves and coastal erosion, October 2020. Photo by VnExpress/Dac Thanh.

By Phan Anh   October 24, 2020 | 07:55 am GMT+7 vnexpresz

Rapid urbanization and economic development can intensify natural disaster risks for Vietnam’s coastline and wipe billions of dollars off its economic growth over the next decade.

A report released Wednesday notes that Vietnam’s coastline, despite being among the most exposed to natural hazards like storms, floods and erosion, also hosts thriving economic sectors that provide livelihoods for a growing and rapidly urbanizing population.

The report, titled “Resilient Shores,” is a collaboration between the Vietnamese government, the World Bank and the Global Facility for Disaster Reduction and Recovery.

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