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Germany's SAP to invest 150 million euros in Vietnam R&D centre

Published by Global Banking & Finance Review

Posted on August 7, 2025

1 min read

· Last updated: January 22, 2026

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Germany's SAP to invest 150 million euros in Vietnam R&D centre
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HANOI (Reuters) -German software maker SAP will invest 150 million euros ($175.13 million) in a research and development centre in Vietnam over the next five years, the firm said on Thursday. SAP Labs

Germany's SAP to invest 150 million euros in Vietnam R&D centre

SAP's Investment in Vietnam

HANOI (Reuters) -German software maker SAP will invest 150 million euros ($175.13 million) in a research and development centre in Vietnam over the next five years, the firm said on Thursday.

Details of the R&D Center

SAP Labs Vietnam will be located in the business hub Ho Chi Minh City and will have 500 employees by 2027, it said in a statement. 

Employment Opportunities

($1 = 0.8565 euros)

(Reporting by Khanh Vu; Editing by Martin Petty)

Key Takeaways

  • SAP to invest €150 million in Vietnam R&D.
  • The center will be located in Ho Chi Minh City.
  • 500 employees expected by 2027.
  • Investment spans over five years.
  • Strengthens SAP's presence in Asia.

Frequently Asked Questions

How much will SAP invest in Vietnam?
SAP will invest 150 million euros ($175.13 million) in Vietnam over the next five years.
Where will SAP Labs Vietnam be located?
SAP Labs Vietnam will be located in Ho Chi Minh City, which is a major business hub.
How many employees will the R&D center have by 2027?
The R&D center is expected to have 500 employees by 2027.

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