Vietnams Vietcombank Updates SWIFT Codes for Crossborder Transfers note The Original Article Mentions JOINTSTOCK COMMERCIAL VICTORIABANK but vietcombank vietnam Joint Stock Commercial Bank for Industry and Trade Is a More Internationally

Vietnams Vietcombank Updates SWIFT Codes for Crossborder Transfers note The Original Article Mentions JOINTSTOCK COMMERCIAL VICTORIABANK but vietcombank vietnam Joint Stock Commercial Bank for Industry and Trade Is a More Internationally

This article provides a detailed overview of the SWIFT/BIC code (VICBMD2XXXX) for the Joint-Stock Commercial Victoriabank in Moldova, highlighting its significance in cross-border remittances. It also includes essential information about the bank and advises users on important considerations to ensure accurate and secure fund transfers.

08/21/2025 International Settlement
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A Comprehensive Guide to HVAC HS Code Classification for Smooth Customs Clearance

A Comprehensive Guide to HVAC HS Code Classification for Smooth Customs Clearance

This article discusses the classification of air conditioners under the customs HS codes, including window, wall-mounted, and ceiling-mounted units. Based on the latest revisions of the 2017 Harmonized System, there have been changes in the classification of standing and wall-installed air conditioners. Additionally, portable and central air conditioners are categorized under specific items. The article advises users to properly adjust the temperature of air conditioners to prevent discomfort caused by excessive temperature differences.

07/28/2025 HS Code Query
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Global Container Shipping Service Quality Plummets to Historic Lows

Global Container Shipping Service Quality Plummets to Historic Lows

The quality of global container shipping services has sharply declined, with on-time performance dropping to 56%, posing significant challenges for shipping companies. Routes from Asia to the U.S. have shown particularly poor results, with record-low on-time rates leading to shipper dissatisfaction. The rise in trade volume due to global economic recovery has exacerbated capacity constraints and high shipping costs. The shortage of container equipment needs urgent attention, and shipping companies must improve transparency and service quality to alleviate pressure on customers.

10/29/2020 Logistics Industry Insights
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Consolidated Shipping The New Trend and Advantages of International Air Freight

Consolidated Shipping The New Trend and Advantages of International Air Freight

Consolidated shipping is a method of combining multiple shipments through an air freight forwarding company. This approach not only reduces shipping costs but also expands the range of air services, benefiting shippers. Additionally, shippers can settle accounts in advance through the agent, facilitating international trade. The specific process involves the creation of master and house bills of lading, as well as the receipt and distribution of goods. However, it is important to note that consolidated shipping is not suitable for valuable items or special cargo.

07/22/2025 Logistics Encyclopedia
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Lanzhou Dongchuan Railway Logistics Center Officially Opens: Promoting the Development of the Silk Road Economic Belt

Lanzhou Dongchuan Railway Logistics Center Officially Opens: Promoting the Development of the Silk Road Economic Belt

The Lanzhou Dongchuan Railway Logistics Center officially opened on December 31, marking its successful integration with domestic and international trade markets. This new project, which includes the Dongchuan Railway Freight Center and Lanzhou Railway Comprehensive Cargo Yard, lays the foundation for improved regional logistics efficiency. With a layout of 'two zones and five parks,' the expected cargo throughput by 2020 is projected to reach 7.08 million tons, with a forecast of 15.42 million tons by 2030, further promoting the development of the Silk Road Economic Belt.

12/31/2023 Logistics
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Chongqing Nanpeng Expressway Bonded Logistics Center (type B) Officially Approved, Boosting International Logistics Development

Chongqing Nanpeng Expressway Bonded Logistics Center (type B) Officially Approved, Boosting International Logistics Development

The Nanpeng Highway Bonded Logistics Center (Type B) in Chongqing has been approved, becoming the city's second bonded logistics center of its kind. This facility will effectively enhance connections between domestic and international markets, serving cross-border e-commerce and the Southeast Asian market. Located in the accessible Nanpeng Trade and Logistics Base, the center aims to promote the implementation of the 'Belt and Road' initiative and the Yangtze River Economic Belt strategy, thereby strengthening Chongqing's role as an international logistics hub with significant development potential.

07/21/2025 Logistics
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China-europe Railway Express Accelerates Development, Empowering New Opportunities in China’s Belt and Road Initiative

China-europe Railway Express Accelerates Development, Empowering New Opportunities in China’s Belt and Road Initiative

In recent years, the China-Europe Railway Express has rapidly developed through the Manzhouli Port, establishing multiple routes directly to various cities in Europe. It has shown significant advantages in saving costs and transportation time, promoting economic development in China's central and western regions. With the advancement of the Belt and Road Initiative, the China-Europe Railway Express has become an important tool for deepening cooperation between China and Europe across multiple fields, and it is expected to further enhance trade exchanges and regional development.

12/29/2023 Logistics
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Future Trends In Air Cargo Analysis Of Wide-body Vs Narrow-body Freighters

Future Trends In Air Cargo Analysis Of Wide-body Vs Narrow-body Freighters

With the changes in global trade patterns and technological advancements, the demand for air cargo has significantly increased. The need to transport over 10,000 tons of goods has established a requirement for both wide-body and narrow-body cargo aircraft. Narrow-body aircraft are suitable for small-scale transportation due to their flexibility and cost-effectiveness, while wide-body aircraft dominate in the transportation of bulk goods. Although China still lags in the number of large cargo aircraft, the market development potential remains enormous.

07/22/2025 Logistics
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Hazardous Ink Export Guidelines Emphasize Safe Shipping Practices

Hazardous Ink Export Guidelines Emphasize Safe Shipping Practices

This article provides a detailed interpretation of the requirements for sea freight export of 3 types of dangerous goods inks, focusing on the different operating procedures at Shanghai Yangshan Port and Waigaoqiao Port. It emphasizes the importance of flash point and key aspects such as direct loading alongside the vessel and dangerous goods warehouse transfer. The aim is to help foreign trade enterprises avoid risks and achieve efficient customs clearance. This guide offers practical advice for navigating the complexities of ink export, ensuring compliance and smooth operations.

05/28/2024 Logistics Encyclopedia
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