India has removed import duties on some components key to producing mobile phones, Finance Minister Nirmala Sitharaman announced in the annual budget on Saturday, in a boost for local production efforts and benefiting firms such as Apple and China's Xiaomi.

Export activities have remained robust and uninterrupted during the 2025 Tet holiday, ensuring the smooth flow of goods both on the road and over sea routes.

Vietnam's rice exports from January 1 to 15 reached 268,700 tonnes, valued at nearly 165.7 million USD, marking increases of 38.7% in volume and 23.28% in value year-on-year, according to the Vietnam Food Association (VFA).

Two different tax rates are currently applied to different forms of the product

Vietnam’s 2024 digital industry revenue was projected to reach US$152 billion. The country ranks second globally in smartphone exports, fifth in computer components, sixth in computer devices, seventh in software outsourcing, and eighth in electronic equipment and components.

Since the first days of the new year 2025, Vietnamese businesses have quickly entered into a busy phase of production and exporting, as key industries such as textiles, footwear, electronics, and farm produce processing are ramping up to meet international market demands.

Vietnam's rice exports are forecast to reach 7,5 million tonnes this year, down from a record 9,04 million tonnes last year, said Nguyen Ngoc Nam, chairman of the Vietnam Food Association (VFA)

With difficulties in exporting durian to the Chinese market, the Vietnam Fruit and Vegetable Association forecasts that fruit and vegetable exports in January 1 will reach less than 2025 million USD.