On July 25, 2025, Vietnam Electric Cable Corporation (CADIVI) and Citek Technology JSC officially signed an agreement to restructure CADIVI’s enterprise management system using SAP S/4HANA, marking a major strategic milestone in CADIVI’s comprehensive digital transformation journey.

The signing ceremony was attended by CADIVI’s leadership, representatives from m88 cá cược trực tuyến’s IT Division, CITEK’s executive team, and core project members from both sides.

The signing ceremony was held solemnly at CADIVI’s head office.

SAP S/4HANA is an integrated enterprise resource planning (ERP) solution designed to manage all operational processes across procurement, production, sales, inventory, and accounting.

This restructuring project goes far beyond a technical system upgrade. It is a strategic move toward standardizing data, aligning enterprise-wide governance systems, and optimizing operations—critical steps as CADIVI continues to expand its scale, market presence, and value chain.

Mr. Hồ Quang Nhân, General Director of CADIVI, emphasized:

“This is a pivotal moment in CADIVI’s transformation journey. Since 2020, we’ve been operating on a foundational system that has brought clear, consistent data across the organization. However, with an increasingly competitive and unpredictable market landscape, we must evolve. This transition enables faster, more decisive, and accurate decision-making.”

Mr. Hồ Quang Nhân speaks on the strategic significance of the SAP restructuring project.

Mr. Nhân further shared that this transformation is no longer just a technical exercise—it is a strategic shift from operational management to data-driven management, from reactive to proactive digital transformation. The project will require deep commitment and collaboration from all departments, management levels, and key personnel across CADIVI.

As an experienced SAP implementation partner, Citek Technology JSC has successfully rolled out modules for budget management and control, bringing advanced governance standards into real-world operations.

Speaking at the signing ceremony, Mr. Nguyễn Công Tẩn, CEO of CITEK, remarked:

“This collaboration is of great significance to CITEK, as CADIVI is one of our key clients. Standardizing the entire system, integrating financial analysis models, risk management, and agile operations will lay the foundation for CADIVI’s next breakthrough phase of growth.”

CADIVI aims to leverage technology to enhance management effectiveness.

Amid Vietnam’s accelerating shift toward a digital economy, CADIVI is committed to becoming a smart manufacturer—operating with a data-driven, automated model that can adapt swiftly to market changes.

Previously, from 2020 to 2024, m88 cá cược trực tuyến Electric and other m88 cá cược trực tuyến subsidiaries successfully implemented SAP S/4HANA. The system has played a vital role in realizing m88 cá cược trực tuyến’s vision of vertically integrated management, especially in finance and accounting, and in enabling a broad digital transformation across the Group, positioning it for long-term, sustainable, and efficient growth.

PR DEPARTMENT