TradeLane

Spotlight on South East Asia

Same Same-1

As I sat along the streets of Hanoi one winter morning in January, observing the patrons at surrounding tables over a bowl of phở, I couldn’t help but notice a familiar sight. From the fragrant yellow teas in Vietnam to the thick sweet milk varieties of Bangkok and Jakarta, same same – to borrow a popular Thai catchphrase, communal tea drinking seems to be the common thread binding 600 million inhabitants who call South East Asia (“SEA”) home.

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Topics: Asia

Being on Top of Asia Regulatory Changes and Updates

 HongKong Header

Staying abreast of the customs and trade regulatory changes in Asia can be a challenge from many aspects:

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Topics: Asia

More Changes to the China Customs Declaration Form

 

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China Customs has been steadily making changes to the Customs Declaration Form (CDF) in order to better capture the data they believe is important to compliance enforcement and trade policy. This is the fourth major change to the CDF, which was announced in June and went into effect on August 1, 2018.

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Topics: Export Compliance, Asia, China

GST Out, Sales and Service Tax In (Again): What To Look Out For In Malaysia

Malaysia GST-5

It is probably not an exaggeration to say that the results of the Malaysian General elections in May of this year took nearly everyone by surprise... But with a Trump-Kim meeting happening, four time champions Italy not making the FIFA World Cup, and Loki actually dying in an Avengers movie, is there anything that really surprises anyone anymore?

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Topics: Asia

Big Changes Are Coming to China Imports and Exports

The Restructure Reform on China Government

On March 20, the 13th National People's Congress of China has formally reached an agreement on the institutional reform plan of the Chinese governmental agencies submitted by the State Council.  According to the restructuring plan, many governmental agencies related to import and export operations will be integrated or simplified, and the related parties’ working scope shall be adjusted as well.

Tradewin has summarized the developments as relates to import/export as follows:

The responsibilities and personnel of China and Inspection Quarantine (CIQ) shall be integrated into China Customs.

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Topics: Asia