Secondly, EVFTA will establish preferential tariff treatment for Vietnamese enterprises. At present, one of the reasons why Vietnamese enterprises can export a high number of goods to EU is due to the preferential access to the EU market through the EU’s Generalized Scheme of Preferences (GSP). The GSP allows vulnerable developing countries to pay fewer or no duties on exports to the EU, giving them vital access to the EU market and contributing to their growth. However, due to its unilateral nature, this scheme is controlled periodically by EU with its own criteria and whether Vietnamese goods are still under GSP category is depended on EU’s decision. Besides, goods are deemed sensitive and important to EU will not be received preferential import tariff treatment. However, when the EVFTA comes into force, a bilateral preferential treatment will be established. As such, import tariff to EU market will be gradually reduced in accordance with the two parties’ commitment. After 7 years of implementation, more than 99% goods, even some sensitive goods will have 0% import tariff.