Your expert for Vietnam: sourcing and supply chain management with more than 15 years of experience in the German-Vietnamese business environment, including eight years in Hanoi and Ho Chi Minh City. He identifies and qualifies suitable manufacturers, builds resilient supply chains and supports sourcing projects through to implementation. Tesch Corporate Solutions agrees the collaboration with you.
Vietnam
Vietnam Business
Vietnam is gaining importance for German companies, as a location for sourcing and production and as a growing market in Southeast Asia. Tesch Corporate Solutions supports you in building business relationships, finding your way in the market and initiating joint projects.
Market overview
Why Vietnam?
Diversifying supply chains, opening up new markets, strengthening international competitiveness: Vietnam has developed into a major production location and economic partner in Asia. For companies that already invest, produce or purchase in China, the country offers the opportunity to broaden their Asia strategy.
China+1: strategically diversifying supply chains
An additional location broadens the supplier base, creates production capacity and reduces dependence on individual countries. Established industry clusters in electronics, textiles, footwear and furniture make it easier to build complementary structures. Vietnam does not have to replace China, it can become a second pillar of your activities in Asia.
Internationally connected: free trade and the EVFTA
Since the Đổi Mới reforms of 1986, Vietnam has developed into an internationally integrated economy and is closely linked to major economic areas through numerous free trade agreements, including RCEP, CPTPP and the EVFTA with the EU. The EVFTA has been in force since August 2020 and provides for the gradual removal of tariffs, subject to the applicable rules of origin.
Growing domestic market
With more than 100 million inhabitants, rising incomes, urbanisation and a growing middle class, Vietnam is also attractive as a sales market, above all in the economic centres of Hanoi and Ho Chi Minh City. For German companies, the country can be both a production location and a sales market.
- Population
- over 100 million
- Free trade agreement with the EU
- in force since 1 August 2020
- Industry clusters
- Electronics, textiles, footwear, furniture
Support in Vietnam
From market analysis to implementation
Whether an additional production location, new suppliers or opening up the Vietnamese market: we connect your goals with local market knowledge and a reliable network. Daniel Schechter explains the details on his profile.
Identify market potential
Assess opportunities for your product, sourcing or sales and clarify the local requirements.
Discuss your starting position →Find and qualify manufacturers
Identify suitable manufacturers in the industry clusters and assess them for quality, capacity and reliability.
Make contact →Build resilient supply chains
Set up and manage cross-border sourcing processes, from logistics and rules of origin to ongoing collaboration.
Discuss your project →Implement sourcing projects
Timeline, responsibilities and a local network that holds up, through to implementation.
Request a conversation →Get in touch
Request a conversation about Vietnam
Describe what you need in the contact form, where the Vietnam market is already preselected. Your enquiry goes to Tesch Corporate Solutions. We agree with you how Daniel Schechter is involved as the expert for Vietnam.
Request a conversation about VietnamOpen email client: contact@teschcorporatesolutions.com
Tesch provides strategic advisory, partner search and project coordination. Legal, tax and investment advice is provided, where required, by suitably qualified external professionals.
Information on Vietnam is provided for general business orientation only and does not constitute legal, tax or investment advice. Sources: population according to the World Bank, World Development Indicators (accessed 19 September 2026). Free trade agreement according to the European Commission. Map base: geoBoundaries (CC BY 4.0). Further market details according to the profile provided by Daniel Schechter.