Many businesses have been affected in the widespread damage including loss of lives inflicted by super typhoon Yagi in northern Vietnam.

According to the Disaster and Dyke Management Authority, as of 11 a.m. Wednesday, the typhoon, subsequent floods and landslides left 155 people dead and 141 others missing.

The economic damage is yet to be counted.

Quang Ninh province

As of Tuesday afternoon, Quang Ninh province was severely affected by a typhoon, with over 20,000 houses losing their roofs and significant damage to waterway vehicles, cruise ships, fishing boats, and aquaculture farms. Sun Group’s Halong International Port had to suspend operations due to damage to its electrical and water systems, while Sunworld entertainment park saw major destruction, including the Sun Wheel losing three cabins.

In response, Sun Group began recovery efforts, prioritizing the port, cable cars, and Premier Village resort. At the Alacarte Halong Hotel project, the operator mobilized over 150 staff to implement storm prevention measures and guide guests to safety. Despite these efforts, the damage was extensive, and the investor, Taseco Land, is working with contractors and experts to assess repairs, which are expected to take at least three months.

In the Vanh Danh mining area, the typhoon caused power outages, communication failures, and landslides that blocked roads. Many coal company facilities suffered damage, including workshops, offices, and over 30 toppled electric poles at open-pit coal mines. Recovery efforts are ongoing in the area to restore operations.

Hai Phong city

Many factories in Hai Phong’s industrial zones, including LG Electronics, suffered significant damage from Typhoon Yagi. Factories in Do Son and Nam Dinh Vu industrial parks had fallen trees and collapsed roofs, while some areas experienced flooding. Although damage to infrastructure like roofs, fences, and camera systems was reported, no human casualties occurred. By Tuesday, 95% of businesses had resumed operations.

In Vinh Bao district, over 10 companies were heavily affected, with four experiencing losses in the billions of VND. The power and telecommunications sectors in Quang Ninh, Hai Phong, Thai Binh, and Nam Dinh also sustained damage. Vietnam Electricity (EVN) worked to restore power, with nearly all 500kV and 220kV transmission lines repaired, though some medium-voltage lines remained down. Telecom services were slowly recovering, with 60% of mobile towers back in operation.

The typhoon also impacted airports, including Van Don, Cat Bi, and Noi Bai. Van Don saw collapsed security fences and damaged terminal panels, while Cat Bi had shattered glass and destroyed ceiling panels. Typhoon damage led to flight cancellations, affecting at least 120 flights, and operations at Noi Bai were temporarily suspended.

Duy Nguyen compiled from theinvestor.vn