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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Global 3C Battery Shipping Rules Tighten to Prevent Damage

Global 3C Battery Shipping Rules Tighten to Prevent Damage

This paper addresses compliance and damage prevention issues related to battery transportation in international shipping of 3C products. It details compliance essentials such as battery classification, document preparation, and booking declaration. It also outlines tiered packaging solutions for products of varying value. The importance of risk management and emergency response is emphasized, aiming to assist companies in safely and efficiently completing international shipping of 3C products. The paper provides practical guidance for ensuring smooth and compliant battery transport within the 3C product supply chain.

01/30/2026 Logistics Encyclopedia
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Paypal Expands in China As DHL Tackles Underdeclaration Logistics Costs Rise

Paypal Expands in China As DHL Tackles Underdeclaration Logistics Costs Rise

This week's key highlights in cross-border e-commerce include PayPal's acquisition of GoPay, officially entering the Chinese payment market. DHL is strictly investigating under-declaration and will impose severe penalties for violations. eBay has announced upcoming freight rate increases from UPS, FedEx, and USPS. Amazon is extending its holiday return window. Furthermore, the South Asian e-commerce market presents significant potential and warrants attention. These developments impact cross-border sellers and require careful consideration to navigate the evolving landscape of international trade and logistics.

01/30/2026 Logistics
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Nmftas Classit Streamlines LTL Freight Costs Classification

Nmftas Classit Streamlines LTL Freight Costs Classification

NMFTA released the most significant update to the NMFC system in nearly 90 years, aiming to optimize LTL freight classification and enhance efficiency and transparency. The new rules emphasize accurate declaration of cargo density and dimensions, and introduce the ClassIT+ digital platform to help businesses reduce costs and improve operational efficiency. While FedEx Freight has delayed implementation, the industry generally recognizes and is actively adapting to this transformation. The update seeks to modernize the system and provide a more accurate and streamlined classification process for LTL shipments.

01/30/2026 Logistics
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Europe Tightens Battery Export Compliance for Energy Storage

Europe Tightens Battery Export Compliance for Energy Storage

This article provides a comprehensive guide for energy storage battery companies exporting to the EU. It covers the requirements of CE, RoHS, and REACH certifications, dangerous goods declaration and maritime transport regulations for cross-border transportation, and key points for compliant warehousing in Europe. It emphasizes the importance of choosing overseas warehouses with dangerous goods qualifications to help companies achieve stable and long-term success in the European market. This guide aims to ensure smooth and compliant entry of energy storage batteries into the EU market.

02/03/2026 Logistics Encyclopedia
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U.S. Destination Port Operational Process Explained

U.S. Destination Port Operational Process Explained

This article provides a detailed overview of the operational processes at U.S. destination ports, covering pre-clearance of containers before arrival and the cargo pickup process. It emphasizes the necessary information and documentation required for various pickups. Additionally, it analyzes the tracking systems used when utilizing third-party trucking services and the characteristics of dedicated trucking, offering readers a deeper understanding of cargo transportation at destination ports.

07/17/2025 Logistics Encyclopedia
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Classification of Hanger Materials and HS Code Analysis

Classification of Hanger Materials and HS Code Analysis

This article provides an in-depth analysis of the HS code classification for wooden, metal, and plastic hangers. It highlights the distinction between hangers and drying racks, which are subject to different tax codes in customs. The code for wooden hangers is 4421.1000, while plastic hangers fall under 3926, and metal hangers require selecting between codes 7326 and 7326.

07/18/2025 HS Code Query
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Global Moving Guide Tips for Overseas Shipping and Providers

Global Moving Guide Tips for Overseas Shipping and Providers

This article provides a detailed guide to shipping personal effects overseas, covering the process, required documents, selection of customs brokers and shipping companies, and recommendations for professional companies. The goal is to assist readers in successfully completing international moves. It emphasizes the importance of early consultation and comparison shopping, offering practical advice on packing, insurance, and navigating customs regulations. Proper planning and research are crucial for a smooth and cost-effective relocation experience. Consider factors like transit time and potential storage needs.

08/23/2025 Logistics Encyclopedia
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