Da Nang shines at the global launch webinar of the “2025 Global Startup Ecosystem Index,” earning recognition as one of the 12 outstanding ecosystems. This notable achievement underscores the city’s vibrant startup community and its unwavering commitment to fostering innovation. The event offered a valuable opportunity to showcase Da Nang’s advancements and future plans, solidifying its reputation as one of the hottest startup ecosystems globally.
Global Launch Webinar of the “2025 Global Startup Ecosystem Index”
Startup Blink, a global innovation economy research platform, offers invaluable insights and tools for ecosystem developers, startup programs, and researchers. With its extensive database of startups, co-working spaces, and accelerators, the platform empowers stakeholders to map, brand, and promote innovation effectively. The organization’s mission is to study the innovation economy and provide accurate data to guide location, investment, and research decisions. Additionally, they offer promotion, evaluation, analytics, and policy consulting services to leading ecosystem developers and startup programs worldwide.
Da Nang’s impressive showing in the 2025 Global Startup Ecosystem Index rankings is a testament to its comprehensive approach. The city excelled in various criteria, including the number of ecosystem entities, significant insights (such as large funding rounds, city policies, successful exits, or notable startup events), and the city’s strategic vision for ecosystem development.
Vision and Development Strategy
With a bold aspiration to become a leading innovation and startup hub in Asia by 2045, Da Nang is strategically developing a harmonious startup ecosystem. The city is particularly focused on pioneering technologies such as Artificial Intelligence (AI), semiconductors, blockchain technology, cloud computing, quantum computing, renewable energy, and biotechnology. Beyond local connections, Da Nang is expanding its global collaborations, aiming to become the economic and technological center of Central Vietnam, housing the Da Nang Innovation and Startup Support Center.
Strategically located on the North-South axis and boasting modern transportation infrastructure, including an international airport and the region’s largest seaport, Da Nang attracts startups and investors alike. The upcoming merger with Quang Nam province will expand the city’s area to nearly 12,000 square kilometers, accommodating a population of over 3 million. This expansion will provide abundant resources and an ideal living environment for entrepreneurial endeavors.
Policies Driving Ecosystem Growth
Da Nang has introduced nearly 30 policies to support science, technology, and innovative startups, including unique and groundbreaking initiatives. These policies cover controlled testing of new technology solutions, tax exemptions for innovative startups and support activities, infrastructure usage support for science and technology assets, non-refundable state budget support for creative project development, and infrastructure support for the semiconductor and AI industries. Additionally, the city offers policies to encourage technology upgrades, intellectual property development, and recognition for outstanding scientists, organizations, and individuals contributing to science, technology, and creative startups. These policies reflect the city’s unwavering commitment to fostering a thriving innovative startup ecosystem.
Furthermore, Da Nang is implementing long-term strategic plans, including the establishment of the Da Nang Free Trade Zone and the International Financial Center. These initiatives are expected to provide a significant boost to the city’s economy, creating a conducive business environment and attracting domestic and foreign investments.
The city has also made significant investments in startup infrastructure. The Da Nang Innovation and Startup Support Center, with a budget of approximately VND 500 billion, serves as a central hub for connecting and supporting startup projects. Software Park No. 2, spanning over 92,000 square meters, is designed to accommodate 6,000 employees, primarily serving the semiconductor and AI industries. Da Nang also boasts a modern digital infrastructure, including the international submarine fiber optic cable systems APG and SMW-3, and a world-class ICT infrastructure comprising the Da Nang Metropolitan Area Network (MAN), Data Center, and city-wide wireless connectivity (Wifi).
A Vibrant and Dynamic Startup Ecosystem
Da Nang’s startup ecosystem is thriving and diverse, hosting over 50 events annually, including SURF, DAVAS, Hackathon, and Startup Runway. These events attract thousands of participants from Vietnam and abroad, fostering a dynamic community for young entrepreneurs. The city is also witnessing a rapid expansion of co-working spaces, incubators, and startup support centers, providing a nurturing environment for aspiring business leaders.
The city’s high-quality human resources are another key strength. With 18 universities, 15 colleges, and numerous training institutions, Da Nang educates over 100,000 students annually. A strong foundation of 251 professors and associate professors, along with research experts, drives innovation and creativity.
Notable Achievements
Da Nang’s dedication to developing its innovative startup ecosystem has yielded remarkable results. The city has been recognized four times with the title “Attractive Innovative Startup City” in 2020, 2022, 2023, and 2024 by the Vietnam Software and IT Services Association. Additionally, it has been acclaimed as an “Excellent Smart City” for five consecutive years. The Vietnam Chamber of Commerce and Industry honored Da Nang as a “Typical Locality in Building a Startup Ecosystem.” Furthermore, the city received accolades from the Vietnam Chamber of Commerce and Industry for its role in fostering startups and from the Ministry of Science and Technology for its outstanding contributions to the national innovative startup ecosystem. In the Local Innovation Index (PII) rankings for 2024, Da Nang ranked 5th out of 63 provinces and cities nationwide. The city was also recognized as one of the “Top organizations/localities proactively implementing Industry 4.0 and digital transformation.”
Ms. Le Thi Thuc, Deputy Director of the Da Nang Department of Science and Technology, receiving the award for “Attractive Innovative Startup City” at the Vietnam Smart City Awards 2024
Future Prospects
With its strategic vision, robust support system, and dynamic ecosystem, Da Nang is poised to solidify its position on the global startup map. International collaborations and a focus on emerging technologies will open up new avenues for growth, propelling the city to greater heights in the future.
The improved ranking in the 2025 Global Startup Ecosystem Index is not just a source of pride but also a motivator for Da Nang to continue striving for excellence, reinforcing its pioneering role in innovation and startups in Vietnam and the region.
Introducing Hanoi Draught Beer’s Newest Offering: The 1L Keg
Introducing the new and improved Hanoi Draught Beer, now recognized as a National Brand by the Government. We are proud to present our latest innovation, the 1L KEG, a modern and convenient way to enjoy the rich and authentic taste of Hanoi. This new packaging showcases the unique identity of our beloved beer, bringing a touch of modernity while preserving the traditional flavors that have made Hanoi Draught Beer a beloved staple across the nation. Raise a glass and join us in celebrating this exciting new chapter!
Two Vietnamese Cities Soar in Global Startup Index
According to StartupBlink, Ho Chi Minh City has consistently climbed the global rankings for four consecutive years, particularly excelling in the Fintech industry with its high growth rate. The city now ranks among the top 30 globally in Blockchain and holds the 2nd position in Southeast Asia. Simultaneously, Da Nang has also made remarkable progress, leaping an impressive 130 spots to secure the 766th position in the “2025 Global Startup Ecosystem Report.”
“The Central Coast’s Tourism Hub: Sun Group’s Iconic Project Receives a Boost with a $2 Billion Investment”
The project encompasses a diverse range of developments, including commercial, tourism, and service sectors. With over 7,000 hotel rooms, an array of entertainment options, two additional cable car routes bringing the total to ten, along with supporting infrastructure and transportation hubs, this project is set to become a vibrant and exciting destination.
The Four Breakthrough Resolutions: The ‘Fab Four’ Pillars Propelling the Country into a New Era
General Secretary To Lam emphasized that the four important resolutions issued by the Politburo in recent times will serve as foundational pillars, providing a strong impetus for our country’s advancement into a new era.
“The Address by General Secretary To Lam at the National Conference to Propagate and Implement the Resolutions of the Politburo”
“VnEconomy is honored to present the full text of General Secretary To Lam’s speech at the national conference to propagate and implement Resolution 66-NQ/TW and Resolution 68-NQ/TW of the Politburo. These pivotal resolutions are set to chart a new course for Vietnam’s future, and General Secretary To Lam’s insights offer a profound understanding of their significance.”
