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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China Introduces Enterprise Legal Person Code for Business Compliance

China Introduces Enterprise Legal Person Code for Business Compliance

The Legal Entity Identifier (LEI) serves as a company's 'ID card' in business activities, essential for legal, administrative, and commercial operations. This article delves into the definition and core functions of the LEI, providing a detailed guide on how to look it up. The aim is to help businesses better understand and utilize this crucial business identifier, enhance compliance levels, and foster a trustworthy business environment. It emphasizes the importance of the LEI in ensuring corporate accountability and transparency.

01/27/2026 Customs Knowledge
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Vietnam Gains Visafree Entry to Malaysia China Faces Quarantine

Vietnam Gains Visafree Entry to Malaysia China Faces Quarantine

Malaysia offers a visa-free policy for Vietnamese citizens, allowing stays of up to 30 days. However, a 14-day mandatory quarantine is still required upon entry into China, with costs borne by the traveler. Exemptions may be possible under special circumstances. Travelers are strongly advised to consult the embassy or consulate for the latest policy updates before traveling.

01/27/2026 Customs Knowledge
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China Leads Global Surge in Energy Storage Battery Production

China Leads Global Surge in Energy Storage Battery Production

The global energy storage market is experiencing rapid growth. Chinese energy storage companies, supported by favorable policies, technological innovation, and a complete industrial chain, are witnessing a surge in overseas orders, covering businesses in over 50 countries. Competition among companies is shifting from price-driven to technology-driven, with active expansion into emerging markets. The Chinese energy storage industry is playing a leading role in the global energy transition.

01/27/2026 Logistics Industry Insights
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Saudi Arabia China Launch Direct Flights to Beijing Daxing

Saudi Arabia China Launch Direct Flights to Beijing Daxing

A Saudi Arabian private jet flew directly to Beijing Daxing International Airport, a journey of approximately 7 hours, symbolizing the deepening friendship and cooperation between China and Saudi Arabia. Beijing Daxing International Airport welcomes international guests with its convenient and efficient services. China offers visa facilitation for Saudi citizens, and Saudi Arabian Airlines operates multiple flights between the two countries, promoting people-to-people exchanges. Before traveling, please ensure you have a visa, understand customs regulations, and respect local culture.

01/28/2026 Airport Codes
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Half of Japanese Firms Reassess China Operations Amid Tensions

Half of Japanese Firms Reassess China Operations Amid Tensions

A survey reveals that over 60% of Japanese companies believe strained Japan-China relations negatively impact the Japanese economy, with nearly half already affected or anticipating business pressure. The tourism sector is suffering, and manufacturers are concerned about supply chain risks. If tensions persist, almost half of the companies will reassess their business strategies in China, with some potentially considering withdrawal. This highlights the significant economic consequences and strategic adjustments Japanese businesses are contemplating due to the evolving geopolitical landscape.

01/28/2026 Logistics Industry Insights
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Yinchuan Eyes Crossborder Growth in Northwest China by 2026

Yinchuan Eyes Crossborder Growth in Northwest China by 2026

Yinchuan will host a series of cross-border events in 2025-2026, covering industries like dairy, e-commerce, robotics, and artificial intelligence. These events provide an excellent platform for businesses to expand their markets, understand industry trends, and seek cooperation opportunities. They will help companies seize the first-mover advantage in the Northwest China market and achieve business growth. The events aim to facilitate international trade and investment, fostering economic development in the region.

01/30/2026 Customs Knowledge
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UK Online Shopping Safe Shipping Tips for China Buyers

UK Online Shopping Safe Shipping Tips for China Buyers

This article provides a detailed guide on shipping goods like bags and clothing purchased through UK personal shopping services back to China. It covers key aspects such as choosing a courier company, shipping methods, packaging and declaration, and tax payment. The article also addresses frequently asked questions, aiming to help readers complete their UK personal shopping process safely and efficiently. It offers practical advice for a smooth and successful import experience, minimizing potential issues with customs and delivery.

01/30/2026 Logistics
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Guide Sending Money From Malaysia to China Tax Tips

Guide Sending Money From Malaysia to China Tax Tips

This article provides a detailed explanation of the tax implications of remitting money from Malaysia to China, covering individual income tax rates, taxpayers, payment methods, common remittance methods, and arrival times. It also offers practical tips to help readers complete cross-border remittances more efficiently and compliantly. The guide addresses potential tax obligations and offers insights into navigating the complexities of international money transfers, ensuring a smooth and legal remittance process.

01/30/2026 International Settlement
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Guide to Shipping from Southeast Asia to Mainland China

Guide to Shipping from Southeast Asia to Mainland China

This article provides a comprehensive guide to cross-border logistics from Malaysia, Singapore, and Hong Kong to mainland China. It covers various shipping methods, including sea and air freight, offering practical advice and important considerations to help you avoid common pitfalls and ensure safe and efficient cross-border shipping. Learn how to navigate the complexities of international shipping and successfully send your packages to China.

01/30/2026 Logistics
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