ASEAN foreign ministers issue statement on Typhoon Yagi’s impact

By Vietnam News Agency
Thu, September 12, 2024 | 9:13 pm GMT+7

In response to the severe loss of life and property caused by Typhoon Yagi in several countries in the region, ASEAN foreign ministers on Wednesday issued a joint statement on its impact.

 ASEAN flag. Photo courtesy of ASEAN.

ASEAN flag. Photo courtesy of ASEAN.

In their statement, the ASEAN foreign ministers expressed deep sorrow and heartfelt sympathies over the damage inflicted by the typhoon in the Philippines, Vietnam, Laos, Thailand, China, and other affected countries.

“ASEAN affirms its solidarity with the governments and peoples of the affected countries and is confident that the affected countries will overcome and recover swiftly from the impact of this natural disaster. ASEAN stands ready to extend its cooperation and support to the relief efforts, including through the ASEAN Coordinating Centre for Humanitarian Assistance on disaster management (AHA Centre),” the statement wrote.

In a related move, the Vietnamese Embassy in Japan launched a fundraising campaign on Thursday to support the victims in Vietnam.

Sharing in the immense losses facing the victims, each staff member contributed at least one day's salary. Chargé d'affaires Nguyen Duc Minh also called for support from the Vietnamese community and associations in Japan as well as from Japanese partner organisations and individuals. Material and financial support can be directly sent to designated addresses for contributions or through the embassy.

Comments (0)
  • Read More
Van Phu Invest, T&T Group exit Hanoi’s $27 bln Red River megaproject consortium

Van Phu Invest, T&T Group exit Hanoi’s $27 bln Red River megaproject consortium

Two more developers, Van Phu Invest and T&T Group, have withdrawn from the investor consortium for Hanoi’s Red River Scenic Boulevard project, leaving a three-member group to pursue the plan.

Real Estate - Wed, May 6, 2026 | 3:10 pm GMT+7

Gemadept eyes integrated maritime group expansion

Gemadept eyes integrated maritime group expansion

Gemadept is shifting strategy toward becoming an integrated maritime logistics group, as the company embarks on a new expansion cycle focused on shipping and inland waterway transport.

Companies - Wed, May 6, 2026 | 2:39 pm GMT+7

Five notable trends in Vietnam’s industrial real estate

Five notable trends in Vietnam’s industrial real estate

FDI inflows remain central to driving demand for industrial real estate. However, the trend is shifting - from a focus on processing and assembly toward high-tech manufacturing, research and development, writes Phung Xuan Minh, chairman of Saigon Ratings.

Industrial real estate - Wed, May 6, 2026 | 12:45 pm GMT+7

Middle East revenue share limited, impact manageable: top seafood exporter Vinh Hoan

Middle East revenue share limited, impact manageable: top seafood exporter Vinh Hoan

Vinh Hoan Corporation's revenue exposure to the Middle East remains limited, helping shield the company from geopolitical tensions in the region, said its chairwoman Truong Le Khanh.

Companies - Wed, May 6, 2026 | 11:11 am GMT+7

Banks should cut lending rates to lowest possible level: Deputy PM

Banks should cut lending rates to lowest possible level: Deputy PM

Vietnam’s Deputy Prime Minister Nguyen Van Thang has called for lending rates to be reduced to the lowest possible level, with a focus on priority sectors to better support businesses and economic growth.

Banking - Wed, May 6, 2026 | 8:50 am GMT+7

Japan’s Nishi-Nippon Railroad plans to build 22,000 homes in Vietnam by 2035

Japan’s Nishi-Nippon Railroad plans to build 22,000 homes in Vietnam by 2035

Japan’s Nishi-Nippon Railroad, widely known as Nishitetsu, plans to develop 22,000 housing units in Vietnam by 2035 via a partnership with local developer Nam Long Investment Corporation (HoSE: NLG).

Real Estate - Tue, May 5, 2026 | 9:49 pm GMT+7

Vietnam's tech unicorn VNG books record quarterly profit since 2022 listing

Vietnam's tech unicorn VNG books record quarterly profit since 2022 listing

Vietnam’s tech unicorn VNG (UPCoM: VNZ) reported its highest quarterly profit since going public in 2022, as growth across core business segments and tighter cost controls lifted earnings in Q1/2026.

Companies - Tue, May 5, 2026 | 4:01 pm GMT+7

Dragon Capital Vietnam posts best quarterly profit in 3 years

Dragon Capital Vietnam posts best quarterly profit in 3 years

Dragon Capital Vietnam (UPCoM: DCV) reported its strongest quarterly earnings in three years, driven by robust growth in investment advisory and asset management activities.

Companies - Tue, May 5, 2026 | 3:44 pm GMT+7

Petrolimex profit confusion rattles investors amid disclosure delay

Petrolimex profit confusion rattles investors amid disclosure delay

Petrolimex, Vietnam's biggest gasoline retailer by market share, has come under scrutiny after delays and conflicting signals around its Q1/2026 earnings triggered sharp swings in its shares, highlighting risks for investors amid information gaps.

Companies - Tue, May 5, 2026 | 3:24 pm GMT+7

Intel shifts data center chip production line to Vietnam

Intel shifts data center chip production line to Vietnam

Intel is relocating a production line for data center chips from Costa Rica to its Vietnam facility, reinforcing the Southeast Asian country’s role in the giant's global supply chain.

Industries - Tue, May 5, 2026 | 1:01 pm GMT+7

PVS Q1 profit rises 45%, warranty provisions surge

PVS Q1 profit rises 45%, warranty provisions surge

PetroVietnam Technical Services Corporation or PTSC (HNX: PVS), a subsidiary of state-owned Petrovietnam, reported a 45% increase in Q1 net profit for 2026, supported by the handover of several large projects, though a sharp rise in warranty provisions weighed on margin expansion.

Companies - Tue, May 5, 2026 | 11:42 am GMT+7

‘Vegetarian-fed pork’ brand owner BAF posts record quarterly profit

‘Vegetarian-fed pork’ brand owner BAF posts record quarterly profit

BAF Vietnam Agriculture JSC, known for its “vegetarian-fed pork” brand, reported a record net profit of VND206 billion ($7.82 million) in the first quarter of 2026, marking its highest quarterly earnings on record.

Companies - Tue, May 5, 2026 | 8:17 am GMT+7

Petrovietnam shipyard arm's pre-tax profit surges over 10-fold

Petrovietnam shipyard arm's pre-tax profit surges over 10-fold

Petrovietnam Marine Shipyard JSC (PV Shipyard), a subsidiary of state-owned giant Petrovietnam, reported a strong first quarter of 2026, with revenue rising sharply and pre-tax profit increasing more than 10-fold year-on-year.

Companies - Mon, May 4, 2026 | 3:49 pm GMT+7

Petrovietnam, Samsung Heavy Industries sign cooperation deal

Petrovietnam, Samsung Heavy Industries sign cooperation deal

Petrovietnam and Samsung Heavy Industries have signed an MoU to establish a cooperation framework in shipbuilding, energy industry, and related sectors.

Companies - Mon, May 4, 2026 | 2:11 pm GMT+7

Imprisoned entrepreneur, spouse hold over 6.3% stake in Vietnam private lender ACB

Imprisoned entrepreneur, spouse hold over 6.3% stake in Vietnam private lender ACB

The combined stake held by imprisoned businessman Nguyen Duc Kien and his spouse in the Asia Commercial Bank (ACB) is valued at nearly VND7.62 trillion ($289.23 million), based on the ACB market price of VND23,500 ($0.89) per share last Wednesday.

Banking - Mon, May 4, 2026 | 1:10 pm GMT+7

Vietnam manufacturing purchasing managers' index drops to 7-month low in April

Vietnam manufacturing purchasing managers' index drops to 7-month low in April

Vietnamese manufacturers recorded a drop in new orders in April as inflationary pressures hit 15-year highs amid increased costs for fuel and oil in particular, according to S&P Global.

Economy - Mon, May 4, 2026 | 12:08 pm GMT+7