Using disaster data from the desinventa.net and data on other variables for 64 sub-regions from the General Statistics Office of Vietnam (2002-2011), the authors examine the impacts of natural disasters on household per capita income, residential investinent, and domestic trade. The damage measures comprise the number of people killed, number of people injured, number of houses destroyed, and number of houses damaged. The results reveal that the aggregate effects of the disaster damages on household per capita income are insignificant and on residential investment are positive. The authors then compare and contrast the costs of disasters among different regions in Vietnam.