DAVAS 2026 attracts more than 30 international investment funds to Da Nang.

DAVAS 2026 organized two thematic seminars on innovation, international finance, fintech, blockchain, and the development of the venture capital ecosystem. Photo: Xuan Quynh

DAVAS 2026 attracted more than 30 investment funds and investors from Singapore, Japan, South Korea, the US, the Philippines, Vietnam, and other countries, with a total investment scale of over 5 billion USD. The forum attracted more than 120 international experts and speakers, along with more than 70 partner organizations supporting startups.

The highlight of DAVAS 2026 is the fundraising activity for 62 innovative startups and businesses from both Vietnam and abroad, spanning various fields such as AI, Web3, blockchain, fintech, education , healthcare, and technology. Of these, 43 projects are from Vietnam, 9 from Singapore, 5 from South Korea, 3 from Dubai, and several from the US and Ukraine. Startups participate in pitching directly to investment funds and also connect one-on-one to seek collaboration and funding opportunities.

Mr. Pham Hong Quat, Director of the National Institute for Innovation, speaks at the forum. Photo: Xuan Quynh

According to Mr. Pham Hong Quat, Director of the National Institute for Innovation, Ministry of Science and Technology, the National Strategy on Innovation and Entrepreneurship until 2030 aims for 10,000 startups and a venture capital market size of $1.5 billion. To achieve this goal, breakthroughs in institutions are needed, along with unlocking venture capital and creating a transparent environment for investment funds and angel investors to participate in supporting startups.

Simultaneously, Vietnam is developing innovation infrastructure, Fintech hubs, and sandbox models to promote core technology sectors such as AI, semiconductors, biotechnology, financial technology, green technology, and the digital economy . In addition, it is focusing on developing human resources, a startup university model, and open policies to attract international experts and investors, and increase connections with the global innovation network.

According to Mr. Ho Quang Buu, Vice Chairman of the Da Nang City People's Committee, Da Nang's innovation and startup ecosystem has made many positive strides and is gradually asserting its position on the global startup map. The locality not only aims to improve its ranking but also focuses on forming technology companies and startups that are internationally competitive and create real value for the economy.

Da Nang is prioritizing the development of fields such as artificial intelligence, financial technology, blockchain, semiconductor chips, digital data, and the digital economy; while also promoting the construction of an international financial center, developing digital infrastructure, high-tech human resources, and a controlled testing mechanism in a flexible and integrated manner.

Over 50 technology booths were on display and showcased directly at the event. Photo: XUAN QUYNH

Mr. Guley Sergey Nikolaevich, Chairman of the Russian Federation's Innovation and Social Development Fund (Zdravinitsa Fund), stated that DAVAS 2026 opens opportunities for Da Nang in particular and Vietnam in general to become a new hub connecting international innovation and finance in the Asia-Pacific region. In the context of emerging economies playing an increasingly important role, Vietnam is emerging as a strategic hub for the region thanks to its stable environment and young workforce.