Việt Nam joins the Southeast Asia Disaster Risk Insurance Facility
The Ministry of Finance, acting under Government authority, has signed a Memorandum of Understanding (MoU) to become the eighth member of the Southeast Asia Disaster Risk Insurance Facility (SEADRIF). The facility is a regional platform for countries in ASEAN, and China, Japan and Korea (ASEAN+3) to work together to strengthen financial resilience against climate and disaster risks in the region.
As a SEADRIF member, Việt Nam will be able to jointly design and develop, together with other countries, products and services that address the country’s challenge in disaster risk financing.
