Corporations and general companies quickly restore production after storms and floods

VCN - After storm No. 3, many corporations and general companies suffered great losses. However, with the role of economic “locomotives”, corporations and general companies are quickly overcoming the damage and restoring production and business after storm No. 3.
VNPT staff and workers urgently overcome the consequences of storm No. 3. Photo: CMSC
VNPT staff and workers urgently overcome the consequences of storm No. 3. Photo: CMSC

According to information from the State Capital Management Committee at Enterprises, regarding human losses, Vietnam National Coal - Mineral Industries Group (TKV) had 2 sailors of Cam Pha Port and Logistics Company die while participating in on-duty work; Vietnam Electricity Group (EVN) had 1 Vinh Phuc electricity official die while participating in strengthening the restoration of the power system after the storm in Quang Ninh province; Vietnam Posts and Telecommunications Group (VNPT) had one worker die, one official while on duty lost his wife and 2 children at home due to flash floods.

Regarding assets and materials, in the energy sector, in Quang Ninh province alone, 2,175 electric poles were broken or fell; 48 transformer stations were damaged; 71,466m of wires were damaged, causing widespread power outages.

In the field of telecommunications and information technology, the telecommunications network infrastructure has broken 12 high masts, damaged 270 power lines, broken 670 fiber optic cables; damaged 220 stations...

However, up to now, EVN has actively implemented measures to overcome the damage. Power supply to important loads in Quang Ninh province has basically been restored; most of the medium voltage lines in Hai Phong have been restored.

VNPT has also deployed synchronous solutions to fix mobile and fixed broadband service problems, ensuring uninterrupted communication. It is expected that VNPT will basically fix the problem of fixed broadband subscribers losing communication before September 30, 2024. MobiFone stores in Hai Phong, Quang Ninh... have also been open all night to support charging, free roaming...

In the field of transport infrastructure, passenger transport and logistics, storm No. 3 caused flooding, damage to toll collection equipment, broken crops, power outages... Damage to railway infrastructure assets invested by the State is estimated at about VND 130 billion; over 30 landslides covered the railway; over 40 flooded locations, washed away roadbeds, stone foundations; hundreds of locations of trees and architectural objects falling onto the railway...

Noi Bai and Cat Bi international airports suffered damage to terminal equipment, ground service vehicles, etc. Equipment, warehouses, and some cranes at Hai Phong port were derailed and structurally deformed due to strong winds; many warehouses and offices suffered heavy damage with an estimated total loss of nearly VND,27.5 billion not to mention the damage to some cranes at Hai Phong port that required an assessment by the manufacturer and damage assessment costs.

But up to now, through the recovery work, the entire air, rail and road transport routes have been cleared; especially 700 tons of relief goods were transported by rail, 30 tons of relief goods were transported by air from Ho Chi Minh City to the North.

Nearly 30 tons of relief goods for the flood-hit areas in the North were transported by Vietnam Airlines. Photo: CMSC
Nearly 30 tons of relief goods for the flood-hit areas in the North were transported by Vietnam Airlines. Photo: CMSC

In the industrial production sector, due to proactive measures to prevent storm No. 3, corporations and general companies represented by the State Capital Management Committee at Enterprises did not suffer much damage; however, factories, warehouses, etc. were also affected.

In the field of agricultural and forestry production, most of the northern forestry units of the Vietnam Forestry Corporation (Vinafor) were severely affected by storm No. 3.

According to information reported by the units, the affected area and damage is 1,237 hectares of planted forests; the value of damaged planted forests is estimated at VND 25.9 billion; nursery gardens are about 4.4 billion; other assets are VND 2 billion... Some machinery systems and warehouses were damaged by storm No. 3, leading to some agricultural products being susceptible to mold and damage; some other member units of the Corporation in provinces such as Yen Bai, Bac Giang, Lang Son, Son La... production and business activities were also greatly affected after the storm.

However, corporations and general companies have promptly overcome the situation, not only stabilizing production and business activities but also participating in supplying goods and supporting people and localities suffering losses.

The Northern Food Corporation (Vinafood 1) and the Southern Food Corporation (Vinafood II) still ensure the quantity of food and goods to meet the food needs of the people, without causing shortages.

By Huong Diu/Bui Diep

Related News

Insurance brings peace of mind to customers during Yagi typhoon

Insurance brings peace of mind to customers during Yagi typhoon

VCN - The Insurance Supervision Authority (Ministry of Finance) initially estimated that the total amount of insurance paid for human and property damage was about VND7,000 billion. However, with the severe damage caused by storm No. 3 (Yagi Typhoon) and the post-storm circulation, this number will certainly increase.
Financial policies and legislations must take people and enterprises as the center

Financial policies and legislations must take people and enterprises as the center

VCN - The formulation of financial legislation plays an important role in promoting socio-economic development and supporting people and businesses, as well as changing and improving the effectiveness of state management methods in the financial sector.
Vietnam to benefit from large corporations’ capital relocations

Vietnam to benefit from large corporations’ capital relocations

Capital reallocation plans announced by multinational corporations will offer opportunities for Vietnam to attract foreign direct investment, experts said.
Businesses thirsty for capital to restore production

Businesses thirsty for capital to restore production

Many manufacturing enterprises are ramping up production for year-end orders, leading to a sharp increase in capital demand.

Latest News

Top leader arrives in Cuba for state visit

Top leader arrives in Cuba for state visit

General Secretary of the Communist Party of Vietnam (CPV) Central Committee and State President To Lam, his spouse, and a high-ranking delegation of Vietnam arrived at Jose Marti International Airport in Havana on September 25 evening (local time), beginning a state visit to Cuba.
Top Vietnamese leader meets with US President

Top Vietnamese leader meets with US President

General Secretary of the Communist Party of Vietnam Central Committee and State President To Lam had a meeting with US President Joe Biden on September 25 (local time) as part of his US trip for the UN Summit of the Future and the high-level week of the 79th session of the UN General Assembly (UNGA).
Vietnam, Cuba seek to beef up parliamentary cooperation

Vietnam, Cuba seek to beef up parliamentary cooperation

President of the National Assembly of People's Power of Cuba Esteban Lazo Hernandez, and Vice Chairman of the National Assembly of Vietnam Nguyen Duc Hai co-chaired the first session of the Vietnam-Cuba Inter-Parliamentary Cooperation Committee in Havana on September 24.
ADB remains upbeat about Vietnam’s economic prospect

ADB remains upbeat about Vietnam’s economic prospect

The Asian Development Bank (ADB) maintained its positive economic outlook for Vietnam, forecasting the country’s GDP growth at 6% in 2024 and 6.2% in the following year.

More News

Việt Nam

Việt Nam's position unchanged in 2024 Asia Power Index, performs best in diplomacy

Việt Nam does best in the diplomatic arena, placing 8th, thanks to its ’proactive diplomatic outreach with a diverse set of partners.’
Top leader’s Cuba visit demonstrates importance Vietnam attaches to bilateral ties

Top leader’s Cuba visit demonstrates importance Vietnam attaches to bilateral ties

The upcoming state visit to Cuba by Party General Secretary and State President To Lam reflects the traditional solidarity and special friendship between Vietnam and the Caribbean nation.
Ho Chi Minh City supports businesses in green production and export

Ho Chi Minh City supports businesses in green production and export

VCN - Green production and, at a higher level, green branding have become the new "rules of the game" in both domestic and international markets. Therefore, green development will be considered a strategic direction for businesses to achieve sustainable growth.
Top leader meets with leaders of Communist Party USA, left-wing organisations

Top leader meets with leaders of Communist Party USA, left-wing organisations

Party General Secretary and State President To Lam met with leaders of the Communist Party USA, left-wing organisations in the US and friends of Vietnam on September 22 (local time) in New York as part of his trip to the US to attend the High-level Week of the 79th session of the UN General Assembly.
Top leader attends celebration of 1st anniversary of Vietnam-US comprehensive strategic partnership

Top leader attends celebration of 1st anniversary of Vietnam-US comprehensive strategic partnership

General Secretary of the Communist Party of Vietnam (CPV) Central Committee and President of Vietnam To Lam attended a ceremony commemorating the 1st anniversary of the comprehensive strategic partnership and toward the 30th anniversary of the diplomatic relations between Vietnam and the US in New York on September 22 (local time).
Top leader’s trip expected to open up more opportunities for Vietnam-US trade ties

Top leader’s trip expected to open up more opportunities for Vietnam-US trade ties

The trip by Party General Secretary and State Presiden To Lam, his spouse, and a high-ranking delegation of Vietnam to attend the United Nations Summit of the Future and the 79th session of the UN General Assembly (UNGA 79), and hold working sessions in the US is expected to bring new opportunities for the Vietnam-US trade ties.
Vietnam looks for ways to spark domestic consumer demand

Vietnam looks for ways to spark domestic consumer demand

From now until the end of the year, many trade promotion and consumer demand stimulation programmes will be launched to boost the domestic market.
Top leader’s trip expected to open up more opportunities for Vietnam-US trade ties

Top leader’s trip expected to open up more opportunities for Vietnam-US trade ties

The trip by Party General Secretary and State Presiden To Lam, his spouse, and a high-ranking delegation of Vietnam to attend the United Nations Summit of the Future and the 79th session of the UN General Assembly (UNGA 79), and hold working sessions in the US is expected to bring new opportunities for the Vietnam-US trade ties.
PM works with joint stock commercial banks on solutions to boost socio-economic growth

PM works with joint stock commercial banks on solutions to boost socio-economic growth

Prime Minister Pham Minh Chinh on September 21 chaired a meeting between Cabinet members and leaders of 13 joint stock commercial banks to seek measures to promote national socio-economic development.
Read More

Your care

Latest Most read
Top leader arrives in Cuba for state visit

Top leader arrives in Cuba for state visit

General Secretary of the Communist Party of Vietnam (CPV) Central Committee and State President To Lam, his spouse, and a high-ranking delegation of Vietnam arrived at Jose Marti International Airport in Havana on September 25 evening (local time), beginning a state visit to Cuba.
Top Vietnamese leader meets with US President

Top Vietnamese leader meets with US President

General Secretary of the Communist Party of Vietnam Central Committee and State President To Lam had a meeting with US President Joe Biden on September 25 (local time) as part of his US trip for the UN Summit of the Future and the high-level week of the 79th session of the UN General Assembly (UNGA).
Vietnam, Cuba seek to beef up parliamentary cooperation

Vietnam, Cuba seek to beef up parliamentary cooperation

President of the National Assembly of People's Power of Cuba Esteban Lazo Hernandez, and Vice Chairman of the National Assembly of Vietnam Nguyen Duc Hai co-chaired the first session of the Vietnam-Cuba Inter-Parliamentary Cooperation Committee in Havana on September 24.
ADB remains upbeat about Vietnam’s economic prospect

ADB remains upbeat about Vietnam’s economic prospect

The Asian Development Bank (ADB) maintained its positive economic outlook for Vietnam, forecasting the country’s GDP growth at 6% in 2024 and 6.2% in the following year.
Corporations and general companies quickly restore production after storms and floods

Corporations and general companies quickly restore production after storms and floods

After storm No. 3, many corporations and general companies suffered great losses
Mobile Version