A seminar on promoting the involvement of pioneering enterprises in natural disaster prevention and control, and response to climate change and epidemics was held in Hanoi on October 15.
Agriculture suffers the most consequences of natural disasters while newly-established firms are also the most vulnerable to climate change. However, due to the COVID-19 pandemic, up to 71 percent of companies reported year-on-year decline in revenues this year, according to Head of the VCCI’s Legal Affairs Department Dau Anh Tuan.
VNDMA Deputy General Director Nguyen Van Tien said Vietnam has been one of the five countries hardest hit by climate change over the past three decades. Each year, natural disasters leave about 400 dead and missing and cause economic losses of 1-1.5 percent of the GDP.