Vietnam flooding pushes economic losses past $2 billion

 

More than 53.8 trillion Vietnamese dong ($2 billion) in storm-related economic damage has been recorded in Vietnam this year, and the latest flooding is expected to push losses higher, The Edge Malaysia reports, citing Bloomberg. Record rainfall of more than five feet within 24 hours in Vietnam’s city of Hue caused severe flooding that shut down train services between Hanoi, Ho Chi Minh City, Da Nang and Hue and affected at least 2,700 tourists.