Da Nang taps local resources for start-up ecosystem development

Friday, 2019-11-01 15:44:09
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Da Nang Vice Chairman Le Trung Chinh speaking at the event (Photo: Bao Da Nang)
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NDO - The central city of Da Nang held a start-up festival on November 1 under the theme of promoting local resources to develop a start-up and innovation ecosystem.

It is the fourth time that such an event has been held in Da Nang, attracting the participation of more than 30 Vietnamese and foreign speakers, 2,000 visitors, eight start-up projects, 20 investment funds and investors, and 80 display booths.

Da Nang Vice Chairman Le Trung Chinh said through the festival the city wants to continue bolstering the connection of start-up ecosystems within the city and connect with other start-up networks in Vietnam as well as abroad.

The festival was also an opportunity for successful start-ups to share their experience and boost the morale of Da Nang’s start-up businesses.

Through an exhibition and a start-up idea competition, managers and investors will be able to find potential projects, helping to bring the best products and services to the public.

Da Nang is aiming to become a magnet for innovative start-up resources in the future.

Deputy Minister of Science and Technology Tran Van Tung said that he expects Da Nang to become a start-up hub of the central region.

Key activities during the one-day festival included the debut of the Da Nang investment fund for start-up and innovation, a discussion session on start-up policies, experience and spirit, and an exhibition of start-up booths in various fields, such as IT, education, healthcare, high-quality agriculture and automation.