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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Vietnam Warns of Risks in Marrying for Business Gains

Vietnam Warns of Risks in Marrying for Business Gains

This article analyzes the phenomenon of using marriage to circumvent foreign trade costs and nominee risks in Vietnam, highlighting the hidden dangers of this seemingly convenient "marriage business." These risks include asset misappropriation, family disputes, and legal loopholes. The article emphasizes that cross-border marriage is not a panacea and requires a rational assessment of legal, economic, and emotional risks. It cautions against viewing marriage as a shortcut for investment purposes, stressing the importance of due diligence and professional advice before entering into such arrangements.

01/27/2026 Logistics Industry Insights
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Hangzhou Airport Bonded Zone Streamlines Clearance Fuels Air Cargo Growth

Hangzhou Airport Bonded Zone Streamlines Clearance Fuels Air Cargo Growth

The Hangzhou Airport Comprehensive Bonded Zone achieved rapid acceptance in 84 days, thanks to an integrated model. Leveraging the advantages of 'Four Zones and One Hub' (referring to its integrated functions and location), it promotes the quality and efficiency of the export-oriented economy. This streamlined process and strategic positioning are key to boosting international trade and economic growth in the region. The zone aims to facilitate efficient customs clearance and attract foreign investment, ultimately contributing to the development of the airport economic zone.

01/30/2026 Logistics
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Global Shipping Strategies Balance Speed Cost and Customs

Global Shipping Strategies Balance Speed Cost and Customs

This article provides an in-depth comparison of three mainstream international logistics methods: international express, Air Freight + Express, and Sea Freight + Express. It analyzes these options in detail regarding delivery time, price, customs clearance, cargo restrictions, and applicable scenarios. Furthermore, it offers selection strategies and precautions to help cross-border e-commerce sellers and foreign trade enterprises choose the most suitable logistics solution to reduce costs and improve efficiency. The goal is to empower businesses to make informed decisions for their international shipping needs.

01/30/2026 Logistics Encyclopedia
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Datadriven Tactics Boost Aorwens Exports Despite Market Challenges

Datadriven Tactics Boost Aorwens Exports Despite Market Challenges

Facing fierce competition in the foreign trade market, Pan Anwen, founder of Hangzhou Orwin, doubled his company's performance by restructuring customer development logic through data-driven approaches. He emphasizes the importance of data mindset, reversing the business chain to be customer-oriented, and leveraging the OKKI CRM system for digital transformation. This enables efficient retrospectives, expansion into new product categories, and breakthroughs in acquiring major clients. Pan Anwen's practice validates a sustainable growth model centered on customer focus, data-driven insights, and system support.

02/02/2026 Logistics Industry Insights
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Global Trade Guide Key International Shipping Methods Explained

Global Trade Guide Key International Shipping Methods Explained

This report analyzes the advantages and disadvantages of sea, air, land, and multimodal transportation in international logistics, providing decision-making references for foreign trade enterprises. Sea freight offers large capacity and low cost, while air freight provides speed and high security. Land transportation is flexible or offers large capacity. Multimodal transportation integrates these advantages. Companies should comprehensively choose based on cargo characteristics and delivery deadlines to optimize logistics strategies and enhance global competitiveness. Careful consideration of these factors is crucial for efficient and cost-effective international shipping.

02/02/2026 Logistics Encyclopedia
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Air Vs Sea Shipping Comparing Cost Speed and Risk

Air Vs Sea Shipping Comparing Cost Speed and Risk

International air and sea freight each have advantages. Choosing the best option requires considering speed, cost, capacity, service flexibility, and risk. Air freight is suitable for high-value, time-sensitive goods, while sea freight is ideal for large-volume, low-value cargo. Foreign trade practitioners should weigh these factors based on their specific needs to select the most appropriate logistics solution, maximizing cost-effectiveness. The optimal choice depends on a careful balance of these considerations to achieve the best overall outcome for the business.

02/02/2026 Logistics Encyclopedia
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Exporters Urged to Heed Logistics Cutoff Times

Exporters Urged to Heed Logistics Cutoff Times

Cut-off time and closing time are crucial deadlines in international logistics that significantly impact shipping efficiency. Cut-off time refers to the deadline for submitting shipping instructions, affecting customs clearance and cargo release. Closing time is the latest time cargo can be delivered to the port for loading, determining whether it can be loaded on the scheduled vessel. To avoid risks associated with missing these deadlines, foreign trade companies should plan ahead, enhance communication, allow buffer time, familiarize themselves with procedures, and select reliable partners.

02/02/2026 Logistics Encyclopedia
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Worldfirst Expands Crossborder Ecommerce Currency Solutions

Worldfirst Expands Crossborder Ecommerce Currency Solutions

This article delves into the meaning and acquisition methods of WorldFirst's foreign exchange settlement quota, differentiating it from the State Administration of Foreign Exchange's $50,000 quota. By managing authorization or uploading transaction records, cross-border e-commerce sellers can obtain a settlement quota, allowing them to withdraw overseas sales revenue in RMB to domestic accounts, without being restricted by the $50,000 foreign exchange limit. Mastering these techniques can effectively solve cross-border payment and settlement challenges.

12/29/2025 International Settlement
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Firms Use Trade Terms to Mitigate Tariff Risks Gain Edge

Firms Use Trade Terms to Mitigate Tariff Risks Gain Edge

This article explores how to effectively utilize international trade terms (Incoterms® 2020) to manage tariff risks in international trade. It analyzes the allocation of responsibilities under various terms and provides practical recommendations to cope with tariff fluctuations, thereby enhancing the competitiveness of businesses in the global market.

08/05/2025 Customs Knowledge
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