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ECB raises interest rates due to inflation pressure

12/06/2026
01:57

The European Central Bank has just decided to raise interest rates for the first time in nearly three years, amidst the war in Iran, which has caused a sharp increase in energy prices and pushed inflation in the eurozone higher. This marks a notable reversal in European monetary policy, shifting from easing to tightening.

ECB raises interest rates due to inflation pressure

ECB raises interest rates due to inflation pressure

Economy 01:57

The European Central Bank has just decided to raise interest rates for the first time in nearly three years, amidst the war in Iran, which has caused a sharp increase in energy prices and pushed inflation in the eurozone higher. This marks a notable reversal in European monetary policy, shifting from easing to tightening.

Việt Nam outbound investment rises strongly

Việt Nam outbound investment rises strongly

Economy 00:55

Việt Nam's outbound investment reached nearly 795 million US dollars in the first five months of 2026, two and a half times higher than the same period last year.

Vietnamese textiles aim for greater value-added

Vietnamese textiles aim for greater value-added

Economy 03:18

Việt Nam's textile and garment industry is witnessing a recovery in orders across many key export markets. Amid increasingly intense competition and constantly evolving customer requirements, orders no longer automatically translate into profits.

Cashless: A boon for Việt Nam tourism

Cashless: A boon for Việt Nam tourism

Economy 03:05

For a growing number of international visitors, spending in Việt Nam could not be easier. With a smartphone and QR code, this means no more currency exchange, no more looking for an ATM. As cashless payments become more widely available, convenience is emerging as an unexpected advantage for Việt Nam's tourism industry.

E-commerce market reduces platform dependence

E-commerce market reduces platform dependence

Economy 01:48

Việt Nam’s e-commerce market is entering a strong restructuring phase, with many platforms raising fees. The new E-Commerce Law, taking effect on 1 July, sees requirements on product transparency becoming stricter, leading to stronger market filtering. Competitive advantage is now shifting away from price-cutting and towards cost optimisation, technology application, and reduced dependence on e-commerce platforms.

Stronger Mekong sub-regional ties for ASEAN's future

Stronger Mekong sub-regional ties for ASEAN's future

Economy 03:09

A roundtable discussion on the Mekong sub-regional cooperation architecture was held in Hà Nội on the sidelines of the ASEAN Future Forum (AFF) 2026 on the morning of 8 June. The event brought together policymakers, scholars and regional experts to examine ways to strengthen practical cooperation mechanisms and identify pathways for advancing sustainable development in the Mekong sub-region, while contributing to the realisation of ASEAN's Community Vision 2045.