Typhoon Yagi, Asia's most powerful storm this year, cost Vietnam roughly $1.6 billion and may cut into the country's growth rate, according to preliminary estimates from the investment ministry. Vietnam's economic growth in 2024 may slow by 0.

Manufacturers say that while many factories acted early to minimize damage, roughly 10 percent of buildings in Haiphong are deeply damaged.

At least 74 people have died and scores more are still missing in Myanmar following heavy flooding and landslides caused by Typhoon Yagi, state media reported on Sunday.

The death toll from Typhoon Yagi and its subsequent rain that triggered floods and landslides has climbed to 87 as 70 others remain missing and hundreds were injured, state media said.

A decade-old picture of a Philippine city flattened by Typhoon Haiyan, one of the strongest storms ever recorded, has resurfaced in social media posts that falsely portrayed it as showing the damage caused by Typhoon Yagi in Vietnam.

Vietnam's economic growth in 2024 may decline by 0.15% compared to the previous forecast due to the impact of Typhoon Yagi, Asia's most powerful storm this year, according to Planning and Investment Minister Nguyen Chi Dung.

Even before the typhoon, the UN estimated 18.6 million people out of a total population of 55 million needed humanitarian assistance.