Power crisis cost Vietnam $1.4B

Power crisis cost Vietnam $1.4B – WB

By Agence France-Presse

Aug 12, 2023 12:16 am

HANOI: A severe power shortage in Vietnam caused by an intensely hot spell and unprecedented drought in May and June cost the country $1.4 billion, according to the World Bank.

Northern Vietnam suffered rolling blackouts and sudden power outages, with operations at a large number of factories badly impacted. Some businesses were given very little notice or had no warning at all.

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