Floods have severely impacted the North and Northeast regions, with the private sector estimating significant damage.
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Typhoon Yagi's devastation in Myanmar has left over 220 dead, with severe flooding impacting 630,000 people and causing food shortages. The military junta has appealed for international aid amid ongoing civil unrest.
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Officials expect the flood situation in Chiang Rai to improve within a week, despite current challenges with drainage systems.
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The Can Tho Development and Urban Resilience Project aims to protect against flooding and land subsidence, investing nearly $9.2 billion in infrastructure to enhance the city’s resilience and economic growth.
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According to the report, fast-growing Asian economies such as Thailand, China, India, and the Philippines are the most vulnerable.
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