Vietnam Tightens Forex Rules Amid Trade Strain With China

Vietnam Tightens Forex Rules Amid Trade Strain With China

The Vietnamese Dong continues to depreciate, and new foreign exchange regulations will take effect on February 9th, cracking down on illegal currency exchange and raising the threshold for cash declaration at entry and exit. These changes will increase the cost and compliance risks associated with trade with Vietnam. Businesses should closely monitor exchange rates, choose compliant currency exchange channels, and understand the new regulations to address the challenges. Companies need to be aware of the impact on their business operations and ensure adherence to the updated rules.

01/27/2026 Exchange Rate Query
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Fast Fashion Giant SHEIN Faces Growth Hurdles Amid 90B Valuation

Fast Fashion Giant SHEIN Faces Growth Hurdles Amid 90B Valuation

SHEIN is preparing for a US IPO with a target valuation of $90 billion. Facing competition from Temu and growth bottlenecks, SHEIN is actively pursuing compliance and expanding its market reach. Whether it can successfully complete the IPO remains to be seen. The company's efforts to address regulatory concerns and diversify its product offerings will be crucial for its future success in the competitive global e-commerce landscape. Its ability to maintain its rapid growth trajectory will also be a key factor in attracting investors.

01/27/2026 Logistics Industry Insights
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Usbound Ocean Freight Preclearance Streamlines Shipping

Usbound Ocean Freight Preclearance Streamlines Shipping

This article provides an in-depth analysis of the optimal timing, cost structure, and operational procedures for ocean freight pre-clearance to the United States. It recommends initiating pre-clearance at least 30-40 days before shipment. The cost typically ranges from a few thousand to tens of thousands of RMB. The article details the five key steps involved in pre-clearance, aiming to facilitate smooth customs clearance for your goods. Understanding and implementing these steps can significantly reduce delays and ensure compliance with US regulations.

01/28/2026 Customs Knowledge
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Temu Rivals Amazon in Global Ecommerce Disruption

Temu Rivals Amazon in Global Ecommerce Disruption

Temu has risen rapidly, achieving a global market share of 24% within three years, on par with Amazon. Facing regulatory and tax challenges, Temu is accelerating localized operations and strengthening store supervision. Its minimalist operational model provides merchants with a sustainable sales path. Future development requires balancing growth and compliance, and the global e-commerce landscape will continue to evolve. Temu's success highlights the potential for new entrants to disrupt established markets, but also underscores the importance of adapting to local regulations and ensuring ethical business practices.

01/28/2026 Logistics Industry Insights
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ACE Portal Guide Helps Importers Navigate CBP Electronic Refunds

ACE Portal Guide Helps Importers Navigate CBP Electronic Refunds

U.S. Customs is implementing mandatory electronic refunds. Companies must register for an ACE Portal account and complete e-refund enrollment. This article provides a detailed interpretation of the new regulations, offers a practical guide, and analyzes the impact of e-refunds on businesses and their corresponding strategies. It aims to help companies adapt efficiently to the changes brought about by this new system, ensuring smooth transitions and optimized compliance within the evolving customs landscape. This guide helps businesses navigate the electronic refund process effectively.

01/28/2026 Customs Knowledge
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Customs Inspection Guide for Hazardous Goods Shipping

Customs Inspection Guide for Hazardous Goods Shipping

This article delves into commodity inspection issues in the maritime export of dangerous goods, providing detailed answers and solutions to common questions such as whether a product requires commodity inspection, the inspection process, and reasons for customs inspection. Using specific cases, such as the maritime export of Class 2.1 dangerous goods silane, Class 5.2 dangerous goods, battery packs, and N,N-dimethylcyclohexylamine, it explains key operational points and precautions. The aim is to help companies avoid risks and complete the export process safely and efficiently, ensuring export compliance and smooth shipping operations.

08/22/2025 Customs Knowledge
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Guide to Air Freight Operations at Kocaeli Airport KCO

Guide to Air Freight Operations at Kocaeli Airport KCO

This article provides an in-depth analysis of Kocaeli Airport (KCO) in Turkey, covering its airport code, location, status as a non-customs airport, and key clearance considerations. It emphasizes the importance of prior consultation and compliance preparation, introducing practical tools like the three-letter code search system to optimize air freight processes. Furthermore, it briefly outlines Kocaeli's significance as an industrial hub and the airport's development prospects. Consulting with local experts and ensuring proper documentation are crucial for smooth and efficient air cargo operations at Kocaeli Airport.

09/29/2025 Airport Codes
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Ocean Bills of Lading Types Uses and Trade Risks Explained

Ocean Bills of Lading Types Uses and Trade Risks Explained

This paper provides a comprehensive analysis of the definition and attributes of the Bill of Lading (B/L), differentiating between carrier B/L and forwarder B/L. It elaborates on various B/L types, their applications, and potential risks. Furthermore, it offers risk management recommendations for foreign trade enterprises concerning B/Ls, aiming to assist them in better understanding and utilizing B/Ls to ensure the security of international trade. This includes strategies for mitigating risks associated with different types of B/Ls and ensuring compliance with international trade regulations.

09/26/2025 Document Interpretation
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China Expands Service Trade with New Negative List

China Expands Service Trade with New Negative List

The Ministry of Commerce is fully implementing the negative list for cross-border service trade, aiming to enhance the level of opening-up, boost market vitality, and promote economic transformation and upgrading. The new policy clarifies the admission "baseline", improves policy transparency, and actively aligns with international rules, bringing new development opportunities for enterprises. Companies should pay close attention to policy trends, adjust their strategies, and operate in compliance to seize the benefits of opening-up. This initiative is expected to foster a more dynamic and competitive environment for the service sector.

11/03/2025 Logistics
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WCO Releases Guide to Curb Illegal Trade in Ecosensitive Goods

WCO Releases Guide to Curb Illegal Trade in Ecosensitive Goods

The World Customs Organization (WCO) has released guidelines to assist customs officers in combating illegal trade in environmentally sensitive commodities. The guidelines place particular emphasis on the Basel Convention and aim to strengthen border controls to protect the environment. By focusing on key areas such as waste management and hazardous materials, the WCO seeks to enhance customs' role in preventing the illicit movement of environmentally damaging goods across international borders and ensuring compliance with international environmental agreements. This initiative is crucial for safeguarding environmental security and promoting sustainable trade practices.

01/05/2026 Customs Knowledge
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