Emergency Allocation of 100 Billion VND to Hue City to Recover from Severe Flood Damage

Strategic Insights -

Prime Minister Pham Minh Chinh has signed a decision to allocate 100 billion VND (approximately 3.8 million USD) from the central budget reserve to assist Hue City in recovering from severe flood damage. The emergency funding will help the city address the aftermath of recent floods, restore essential infrastructure, and support residents in stabilizing their lives. The Ministry of Finance is responsible for ensuring the accuracy of the proposed data and compliance with current laws and regulations. The Hue municipal People's Committee is required to utilize the assistance in line with the Law on State Budget and related regulations.

Key Takeaways:

  • The central government allocated 100 billion VND to Hue City to recover from severe flood damage.
  • The emergency funding will be used to address the aftermath of recent floods, restore essential infrastructure, and support residents in stabilizing their lives.
  • The Ministry of Finance will ensure the accuracy of the proposed data and compliance with current laws and regulations.
  • The Hue municipal People's Committee is required to utilize the assistance in line with the Law on State Budget and related regulations.
  • The Prime Minister's decision is in line with earlier directives to provide immediate relief and restore livelihoods in affected localities.
  • The recent floods were caused by the combined effect of Storm Fengsheng's circulation, a cold air mass, and strong easterly winds aloft.
  • The Government and the Prime Minister issued multiple directives and dispatched officials to mitigate the impact of the floods.
  • An additional 350 billion VND was allocated to three localities on October 29, including Hue (150 billion VND), Quang Tri (100 billion VND), and Quang Ngai (100 billion VND).
  • The Prime Minister also signed a decision to provide an additional 100 billion VND to Da Nang on November 1.

Statistics:

  • Emergency allocation: 100 billion VND (approximately 3.8 million USD)
  • Total allocation to Hue City: 250 billion VND (including 150 billion VND from earlier allocation)
  • Total allocation to Quang Tri: 100 billion VND
  • Total allocation to Quang Ngai: 100 billion VND
  • Total allocation to Da Nang: 100 billion VND
  • Estimated date of recent floods: Between October 22 and 28
  • Date of Prime Minister's decision on allocation: November 3

Sources:

  • Vietnam News Agency
  • Vietnam Government's official dispatches and directives