The series of events within the forum aims to realize the city's aspiration to build a genuine innovation ecosystem, creating a solid foundation for pioneering technologies and businesses to thrive.
Expand in scale, connect in depth.
Looking back over the past two years, DAVAS has gradually affirmed its solid position in connecting the innovation and startup ecosystem. The forum has made a positive contribution to the formation and development of a community of angel investors, as well as venture capital funds, right in Da Nang city.
Taking place continuously from May 25-27, DAVAS 2026 offers a series of outstanding and practical activities such as: organizing direct fundraising for 62 innovative startup projects and businesses before reputable domestic and international investment funds; and facilitating free 1:1 matchmaking between investment funds and projects/businesses. In addition, the forum also organizes the Pre-DAVAS 2026 Strategic Bridge Dialogue and the Web3 Builders' Summit 2026.
On May 26th, DAVAS 2026 featured two in-depth panel discussions. The first, “IFC and the Da Nang Sandbox – Driving Force for Innovation in Vietnam,” focused on the role of sandboxes, fintech, blockchain, and international financial centers in the digital economy . The second, “National and Local Venture Capital Funds – Connecting with Global Investment Flows,” shared experiences on building ecosystems, connecting domestic funds with international capital, and promoting public-private partnerships in innovation development.
In its third edition, DAVAS 2026 has expanded its scale with the participation of over 30 renowned investors and investment funds from Singapore, Japan, South Korea, the US, Vietnam, the Philippines, etc., with a total investment of over 5 billion USD, along with the support of more than 70 startup support organizations. Notably, 62 domestic and international startup projects and businesses are participating, spanning many pioneering fields such as technology, education , healthcare, Web3, Blockchain, Fintech, artificial intelligence (AI),…
Be ready to think in a "development-oriented" mindset.
In his opening remarks, Vice Chairman of the Da Nang City People's Committee Ho Quang Buu emphasized that DAVAS 2026 is not simply a meeting place for startups and investment funds. More importantly, it is a forum for Da Nang to make a strong commitment to a new development mindset: more open, more innovative, more deeply integrated, and always ready to support technology-based business models.
Overall, Da Nang's innovative startup ecosystem has made remarkable progress. The city entered the TOP 1,000 global startup ecosystems for the first time in 2024. By 2026, Da Nang continued its upward trend, reaching 554th place globally, a jump of 342 positions in just two years. However, for an ecosystem to thrive, the core is to create businesses with international competitiveness; startups that successfully raise capital, expand their markets, and make a real contribution to overall economic growth.
“The city hopes that each startup participating in DAVAS will not only bring in investment opportunities for itself, but also mature in its thinking, management capabilities, and global competitiveness. A startup that wants to go far needs more than just investment; it needs an ecosystem that knows how to accompany, support, and create opportunities for long-term development,” the city leader shared.
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Through this forum, Da Nang once again strongly affirmed to the international investment community its readiness for a new phase of development, encompassing modern digital infrastructure, technological human resources, and policy testing mechanisms. Currently, the city is focusing on building an international financial center, promoting controlled testing mechanisms (sandbox), and prioritizing the development of AI, fintech, blockchain, semiconductors, and the digital economy. City leaders expect international investment funds to see this as fertile ground for creating new value for Southeast Asia, with a commitment to working alongside the business community with a spirit of "creating development".
Unlocking capital and institutional resources.
Attending the forum, Guley Sergey Nikolaevich, Chairman of the Russian Federation's Foundation for Innovation and Social Development (Zdravnitsa Foundation), affirmed that the comprehensive strategic partnership between Vietnam and the Russian Federation is the foundation for promoting scientific and technological cooperation. Through DAVAS 2026, the Zdravnitsa Foundation hopes to connect the BRICS ecosystem with Vietnam; promoting cooperation in diverse key areas such as AI, fintech, digital transformation, logistics, and green agriculture. He expects to work together to make DAVAS an annual international forum of Asian scale. "Da Nang can absolutely become a strategic gateway if it boldly expands international cooperation and builds a transparent investment environment," Mr. Nikolaevich stated.
Also at the event, the Director of the National Institute for Innovation, Pham Hong Quat, emphasized the need for institutional breakthroughs to effectively unlock venture capital. Institutions must lead the way, playing a pioneering and constructive role; creating a transparent and flexible environment for new business models to be tested in practice.
According to Mr. Pham Hong Quat, a strong startup ecosystem must be a synergy between venture capital, angel investment, and capital from large corporations, rather than relying solely on traditional bank loans. With its advantageous human resources and strategic location, Da Nang possesses all the necessary conditions to become a controlled testing ground (sandbox) for innovative business models across the region.
Promoting innovation cooperation with the Russian Federation.
On May 26th, within the framework of the Da Nang Venture and Angel Investment Forum - DAVAS 2026, Mr. Ho Quang Buu, Vice Chairman of the Da Nang City People's Committee, met and worked with Mr. Guley Sergey Nikolaevich, Chairman of the Russian Federation's Innovation and Social Development Fund.
At the meeting, Vice Chairman of the Da Nang City People's Committee Ho Quang Buu affirmed that tourism and high-quality services have always been a key economic sector of Da Nang thanks to its modern infrastructure, favorable natural conditions, and established position on the international map. Through the bridging role of the Russian Federation's Social Innovation and Development Fund, city leaders expect both sides to promote cooperation programs in biotechnology and quantum technology, and apply innovative solutions to enhance the experience for Russian and international tourists in Da Nang.
MAI QUẾ
Source: https://baodanang.vn/davas-2026-ket-noi-dau-tu-toan-cau-3338197.html
![[Photo] General Secretary and President To Lam presides over the meeting to approve the draft report on the results of the second inspection by the Politburo of the Standing Committee of the Hanoi City Party Committee.](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2026/05/26/1779789811432_a2-bnd-4430-9620-jpg.webp)
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