The future queen, 46, continued to reign high in the style stakes in the floor length backless number.
Slicking her brunette tresses back into a sleek low bun, the mother-of-two opted for a glamourous make-up with black mascara and lashings of highlighter.
Boosting her height in towering stilettos, the royal was certain to turn heads in the fitted glittery number with a huge cut out on the back.
Victoria added to the glamour further with dangling black earrings and a glittering clutch bag.
Known for her impeccable style, the royal later clutched onto a bouquet of flowers as she met with guests at the reception.
It’s the second event for the Swede in Germany in recent days.
On Thursday, the mother-of-two was joined by the President of Gentinge, a global medical technology company founded in Sweden in 1904, and the CEO Mattias Perjos.
She looked enthralled during the visit and focused intently while observing an intensive care bed.
Victoria cut an elegant figure for the occasion and donned a sophisticated navy suit with gold button features. She opted for a matching high-neck navy top to compliment the look.
She added a touch of glamour to the outfit with a pair of chic gold hoop earrings, which perfectly matched the golden features on her blazer.
Victoria swept her hair into a neat bun for the occasion and opted for minimal makeup.
She carried a lightweight black leather bag across one shoulder- adding a practical look to the outfit.
Elsewhere, Victoria appeared to take interest in a care bed for infants- which featured a lifelike model inside.
Getinge expertly crafts medical machines aimed to develop and enhance people’s lives – with a particular focus on intensive care machines.
Victoria took a keen interest in the medical developments and seemed to ask plenty of questions.
It comes after the Princess was appointed as a Goodwill Ambassador of the United Nations Development Programme at the Royal Palace in Stockholm.
She joins 17 prominent figures, including Malaysian actress Michelle Yeoh, Australian singer and actor Cody Simpson, American musician Bob Weir, American actress Connie Britton and Brazilian footballer Marta Vieira da Silva.
The Swedish King, who is the second-longest reigning monarch in Swedish history, took to the throne in 1973 and survived the country’s landmark constitution the following year, and has an active role in public duties, albeit mainly ceremonial.
The King and his wife Silvia, née Sommerlath, a German-Brazilian former flight attendant, have been handing over increasing numbers of engagements to their eldest daughter Victoria in recent years, fuelling speculation that the monarch may abdicate, allowing the Crown Princess to take the throne.
The presenter of the Nobel Peace Prize and a keen environmental campaigner has been embroiled in a string of controversies over the years including accusations of secret affairs and wild parties.
The grandfather-of-six is said to own a fleet of Porsche 911s and was involved in a high-profile car crash in 2005 which made international headlines.
His daughter Crown Princess Victoria studied diplomacy and Swedish foreign policy before becoming a full-time working member of the royal family.
The glamorous Yale graduate, who speaks four languages, was not expected to take to the throne when she was born in 1977 but a change in the law of succession three years later changed that, allowing her to overtake her brother Carl Philip.
In 2010, she married her former personal trainer Daniel Westling in front of 1,200 guests at Stockholm Cathedral.