About 300 people die and go missing due to natural disasters each year: VNRC
![]() |
The National Forecast-based Financing Dialogue Platform in Hanoi on November 4 (Photo: VNA)
The National Forecast-based Financing (FbF) Dialogue Platform was held in Hanoi on November 4 by the Vietnam Red Cross Society (VNRC), German Red Cross and UN Food and Agriculture Organisation (FAO).
This year, the forum aims to gather and establish a network of agencies, departments, experts, scientists and gain a common understanding of how FbF can contribute to the Government's efforts to improve community resilience to natural disasters. It provides opportunities for participants to share and exchange experiences on FbF among domestic and international agencies and organisations and develop a roadmap towards the institutionalisation of the FbF approach in Vietnam.
Speaking at the event, VNRC President Nguyen Thi Xuan Thu said that Vietnam is one of the countries most frequently affected by natural disasters and global climate change. Every year, about 300 people die and go missing due to natural disasters, causing economic losses of around 1 to 1.5 percent of the country’s GDP.
The FbF approach aims to optimise the application of technology, data and weather forecast information from the global network into actions and early response before disasters occur to protect lives, assets and livelihoods of vulnerable groups, said Thu.
FbF is an effective approach to improving the resilience of the community to natural disasters, while also promoting cooperation among scientists, national governments, research institutes and the private sector in improving the effectiveness of forecasting, preparedness and response to increasing natural disaster risks, she added.
Since 2017, the VNRC has applied a new FbF approach by implementing a pilot project on early response to heat waves in Hanoi and Da Nang and developing an action plan on financial support based on forecasts and supporting 21 provinces and cities to develop a forecast map of the impact of natural disasters./.
VNF/VNA
Most read

Viet Nam Union of Friendship Organizations, Vietnam - Laos Friendship Association pay tribute to General Khamtay Siphandone

Vietnam News Today (Apr. 5): Top Legislator's Visit Significant to Vietnam – Armenia Ties
Recommended

Vietnam News Today (Apr. 5): Top Legislator's Visit Significant to Vietnam – Armenia Ties

Vietnam News Today (Apr. 4): Vietnam Considers Japan as Top Important Partner

Vietnam News Today (Apr. 3): Top Legislator Pushes for Closer Vietnam - Armenia Business Connectivity

Prime Minister Allocates 4.56 Trillion VND to Eradicate Dilapidated Homes
Popular article

Vietnam News Today (Apr. 2): Vietnam – Destination for World Leaders Amid Global Trade Tensions

Vietnam News Today (Apr. 1): Vietnam Values Multifaceted Cooperation With Belgium

Vietnam News Today (Mar. 31): King Philippe and Queen Mathilde of Belgium Begin State Visit to Vietnam
