-- Not sure what the Business requirement is but for you to get the output as TRUE, use this:

DECLARE @req_1 varchar(50)

DECLARE @req_2 varchar(50)

set @req_1='AAM'

set @req_2='VVE'

if (@req_1 ='AAM' OR @req_2 ='VVE')

print 'TRUE'

ELSE

print 'FALSE'