Crisis Management for a Conflict with North Korea

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越南洪災!90人罹難「死傷人數持續攀升」 經濟損失達119億台幣

Vietnam Floods! 90 Dead and Injured Numbers Continue to Rise, Economic Losses Reach 11.9 Billion TWD

Yahoo Finance | Local Language | News | Nov. 24, 2025 | Natural Disasters

Central and highland regions of Vietnam are experiencing severe flooding, resulting in 90 confirmed deaths and 12 missing persons as of November 23, 2025. Đắk Lắk Province has been hardest hit with 63 fatalities and 8 missing, followed by Khánh Hòa and Lâm Đồng provinces with 14 and 5 deaths respectively. Continuous extreme rainfall is forecasted through November 25 in areas including Huế and Đà Nẵng, while river water levels remain high, maintaining a state of emergency.

The economic impact of the floods is significant, with preliminary losses estimated at approximately 9.035 trillion Vietnamese dong (NT$11.878 billion). Efforts by local governments focus on search, rescue, and reconstruction. Despite challenges, some factories in Vietnam, such as Guanxing-KY’s plant, are stabilizing and expanding operations, benefitting from regional shifts in manufacturing away from China to Southeast Asia.

Guanxing-KY reported a 113.26% year-on-year increase in net profit for the first three quarters of 2025, driven partly by increased production at its Vietnam facility, which reached a monthly capacity of 2 million pounds and plans further expansion. Similarly, networking giant Qige is expanding its Vietnam plant, which is expected to become its largest global manufacturing base by the end of 2025 or early 2026, contributing to improved gross margins amid ongoing global supply chain adjustments.

In other developments, Vietnam's CITY LAND real estate group secured an oversubscribed US$73 million syndicated loan from Taiwanese banks to support large-scale mixed-use development projects on Phu Quoc Island. Cathay United Bank is also enhancing its digital financial services accessibility for local workers in Vietnam through a cooperation with vending machine leader Jinyu, promoting the CUB Vietnam App for streamlined loan applications.

Additionally, Vietnam remains active in international industrial and cultural events, with Stavian Industrial Metal sponsoring the 2025 Vietnam International Maritime & Shipbuilding Exhibition and boy group FEniX gaining popularity from a recent appearance on a Vietnamese audition show despite travel disruptions caused by a typhoon.

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