
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.