Vietnam

Storm death toll in Vietnam rises to over 100

Hanoi  - Flash floods and landslides triggered by heavy rain from tropical storm Kammuri killed 101 people and left 47 missing in northern Vietnam, officials said Monday.

Total damage in the nine provinces affected was estimated to be at least 720 billion dong (43 million dollars).

Floods and landslides washed away hundreds of kilometres of roads and inundated or damaged more than 4,200 houses and 8,690 hectares of crops, according to the Central Committee for Flood and Storm Control.

Total damages from floods and landslides in Lao Cai province were estimated at 300 billion dong (18 million dollars), according to Thao A Tua, head of the province's flood and storm department.

Vietnam flood and landslide death toll reaches 86

Hanoi - With this weekend's heavy rains in northern Vietnam beginning to subside, the death toll from floods and landslides rose to 86, and 38 people are still missing, officials said Sunday.

Rain triggered by tropical storm Kammuri, which slashed through Vietnam Friday, caused floods and landslides in the mountainous northern provinces of Lao Cai, Yen Bai, Phu Tho, Ha Giang, Quang Ninh and Bac Kan.

Lao Cai province suffered the most casualties, with 32 people confirmed dead and 31 missing, said Thao A Tua, head of the province's flood and storm department.

Heavy rains kill at least 62 people in northern Vietnam

Heavy rains kill at least 62 people in northern Vietnam Hanoi - Heavy rains triggered by the tropical storm Kammuri killed at least 62 people and left 39 others missing in northern Vietnam, officials said Saturday.

Flash floods and landslides wreaked havoc on the northern Vietnamese provinces of Lao Cai, Yen Bai, Quang Ninh and Phu Tho after the storm made landfall from the Gulf of Tonkin Friday.

Vietnam sells 550 billion of planned 1 trillion dong bond issue

Hanoi  - Vietnam's government found buyers for 555 billion dong (33.5 million dollars) in new bonds Friday, out of a planned bond issue of 1 trillion dong.

The Hanoi Stock Exchange announced Friday evening that the government had sold 500 billion dong in three-year bonds at a yield of 17.5 per cent. It sold 55 billion dong in five-year bonds at a yield of 16 per cent.

The sales were seen as a sign of measured confidence in the dong and in the government's efforts to tame the country's runaway inflation, which hit 27 per cent year-on-year in July. This spring, when analysts spoke of a possible currency crisis, government bond issues sometimes failed to find any buyers.

Vietnam Airlines to sue passenger for opening emergency door

Vietnam Airlines to sue passenger for opening emergency doorHanoi - Vietnam Airlines has decided to sue a passenger who opened an airplane's emergency door at an airport in Taiwan this month, a company official said Friday.

The passenger, Le Van Hanh, 26, of Vietnam, would face charges of serious violation of aviation safety regulations, airline spokesman Trinh Ngoc Thanh said.

Vietnam scraps rice export tax to boost sales

HanoiRice - Vietnam waived an export tax on rice and ordered the state rice cartel to boost purchases in an effort to raise sales abroad and reduce a surplus that has hurt farmers' incomes, officials said Friday.

A decree issued Thursday by Prime Minister Nguyen Tan Dung orders Vietnam's state-owned food companies, which control the country's rice exports, to buy between 400 and 500 thousand tons of rice in August, and "to make sure that farmers make profits of 40 per cent or more."

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