The Vietnamese delegation has visited a Siemens gas turbine factory, the SAP software company and the Fraunhofer Institute for Applied Optics and Precision Engineering.

Minister Dung expressed his wish that Siemens, SAP and Fraunhofer would invest more in Vietnam by building solar panels and wind turbine plants to meet energy demand in Vietnam and ASEAN, building new research and lab centers in Hoa Lac Hi-tech park.

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Minister of Planning and Investment Nguyen Chi Dung meets German corporate executives.

Leaders of Siemens, SAP and Fraunhofer expressed their special interest in the Vietnamese market, saying that they have taken specific steps to boost technological cooperation between the two nations.

They spoke highly of the formation of the Vietnam National Innovation Center, considering it a model to attract capital and brainpower from leading partners, including German companies.

Siemens is Germany’s leading multidisciplinary group, focusing on industry and high technology. After over 70 years of development, Siemens is now present in over 190 countries, employs about 380,000 workers and generates over USD 90.8 billion in revenue. It also leads others globally in gas turbine field.

Meanwhile, the 47-year-old SAP has become the biggest software maker in Europe and the fourth largest in the world. In Vietnam, it has assisted enterprises in finance, banking and aviation.

As one of the top research institutes of applied sciences, Fraunhofer forms close partnership with the State and businesses by commercializing products after successful research, thus bringing profit to firms and tax revenue to the State.

Source: VNA