Symposium on business continuity planning

(VOV) - A symposium was held in Hanoi on May 8 to discuss ways to help enterprises maintain production and business operations in the aftermath of natural disasters.

The three-day event under the umbrella of the Asia-Pacific Economic Cooperation (APEC) Forum is a common initiative by Australia, Vietnam, Singapore and Taiwan that was approved by the APEC Emergency Preparedness Working Group (EPWG).

Addressing the opening ceremony, Deputy Head of the General Department of Irrigation under the Ministry of Agriculture and Rural Development (MARD), Nguyen Xuan Dieu, said that Vietnam regularly has to cope with storms, flash floods, forest fires, droughts and landslides. However, thanks to the Government’s efforts, organizations, businesses and the international community, human losses from natural disasters have been reduced by 8 percent, but economic losses have increased over the past five years.

The Vietnamese Government is currently encouraging businesses to purchase insurance against natural disasters to protect their interests.

At the seminar, foreign experts discussed policies and programs for developing plans to maintain production and business operations in order to recover from the impact of natural disasters.