The inauguration ceremony of SAP's R&D Labs, Ho Chi Minh City, August 7, 2025 - Photo: VGP

The center represents a major step forward in SAP's global development strategy and serves as clear evidence of the trust that leading global technology corporations place in Viet Nam's investment environment and development potential.

SAP's leadership has affirmed the company's commitment to expanding its investment in Viet Nam and expressed a strong desire to accompany Viet Nam in the development of science and technology, particularly in core technologies.

Addressing the event, Deputy Prime Minister Nguyen Chi Dung hailed the world's largest software corporation choosing Viet Nam as its second location in Southeast Asia for an R&D Labs (after Singapore).

It represents a major step forward in SAP's global development strategy and serves as clear evidence of the trust that leading global technology corporations place in Viet Nam's investment environment and development potential.

Nguyen urged the corporation to continue expanding its investment and business operations in Viet Nam towards a more in-depth manner, and consider the country as a strategic investment hub in Southeast Asia and Asia as a whole.

He called on SAP to take part in developing high-quality human resources in Viet Nam, especially in the fields of science and technology, innovation, and digital transformation.

Nguyen emphasized the need to quickly replicate SAP's R&D Labs model in Viet Nam, establish laboratories and develop research facility models at the Viet Nam National Innovation Center (NIC), Vietnamese institutes and universities.

The Deputy Prime Minister suggested the corporation provide consultations to Viet Nam on completing a legal framework for science and technology, innovation and digital transformation that aligns with international standards and best practices./.