To take advantage of the EVFTA to increase access for German goods to Vietnamese market, German exporters and Vietnamese importers need to pay attention to the following issues notes:

Germany has a developed agriculture sector with more than 80% of its territory used for agricultural and forestry purposes.

Germany is one of the world's largest pharmaceutical producers and exporters. Meanwhile, according to a KPMG Report, Vietnam's pharmaceutical market has been growing rapidly in recent years, from USD 2.7 billion in 2015 to USD 3.6 billion in 2018.

Germany is one of the world's leading automobile manufacturers and exporters with many famous brands such as Mercedes, BMW, Audi, Porsche...

Vietnam is one of the most dynamic markets for alcoholic beverages in Asia. Vietnam is in the top 15 countries consuming beer in the world and ranked 3rd in Asia with 43 liters/person/year.

Pharmaceutical products and medical devices are a group of goods that the EU in general and Germany in particular have advantages in producing, while Vietnam has strict mechanisms to control the import and circulation of these products.

The EVFTA also has some specific commitments (besides tariffs) for means of transport (automobiles, motorcycles and components).

The commitments on remanufactured goods in the EVFTA only applies to products in Chapters 84, 85, 87, 90 and 9402 that have a part or all of the parts from used products but having similar performance and working conditions, life expectancy and warranty compared to the original new goods

Tariff commitments are stated in Chapter 2 – “National Treatment and Market Access for Goods” of the EVFTA full text, including 2 parts:

Technical barriers to trade (TBT) are standards and technical regulations that a country applies to imported goods and/or conformity assessment procedures of imported goods to ensure the compliance with the standards or technical regulations.