Speaking at the opening ceremony, Deputy Minister of Science and Technology Hoang Minh affirmed: Innovation is no longer simply a trend but has become an inevitable driving force, the key solution to the problem of rapid and sustainable development of the country.
Currently, Vietnam ranks 55th globally in terms of startup ecosystem, 5th in Southeast Asia and especially holds the 28th position in the world in terms of the number of startups. Our country's startup ecosystem is constantly expanding, with many areas of strong growth such as financial technology, artificial intelligence, education , healthcare...
As for Da Nang , the city has taken appropriate steps, effectively implemented many specific policies, invested in building infrastructure to support startups, established creative spaces and strengthened connections between schools, businesses and the community. Thanks to that, Da Nang has been honored as "Attractive City for Innovative Startups" for 4 consecutive years, ranked 5th in the country in the Local Innovation Index and increased by 130 places on the global StartupBlink rankings.
Deputy Minister of Science and Technology Hoang Minh spoke at the opening ceremony.
The Deputy Minister emphasized that Resolution 57 of the Politburo has identified innovation as the foundation and central driving force in which enterprises play a key role and the State plays a role in creating and creating a favorable environment.
The Law on Science, Technology and Innovation, recently passed by the National Assembly, will open a solid legal corridor for this field. Accordingly, the budget for science, technology and innovation activities will be raised to 2% of total regular expenditure, while the minimum development investment capital will reach 1% of the state budget.
In particular, the Deputy Minister announced a number of major policies that will be submitted to the Government in October 2025, including: Forming a network of innovation centers from the central to local levels, in which Da Nang is selected as a national center; establishing a state venture capital fund at the central and local levels; building a separate stock market for startups; reorganizing the National Technology Innovation Fund to support businesses in purchasing copyrights, training, improving productivity and supporting loan interest rates.
In addition, the Ministry of Science and Technology will propose amendments to the Law on Intellectual Property and the Law on Technology Transfer, aiming to turn intellectual property into collateral, thereby promoting transactions, valuation and commercialization of technology. Along with that is the National Startup Project, with the goal of spreading the spirit of innovation among the entire population.
The Ministry of Science and Technology highly appreciated Da Nang’s efforts in promoting start-up and innovation activities. The city needs to continue to promote its advantages, build a venture capital fund, a science and technology fund, develop a sandbox to test new technologies, and strive to be in the top 500 cities with the world’s leading start-up ecosystems by 2030.
Mr. Ho Quang Buu, Vice Chairman of Da Nang People's Committee said: "Through the event, Da Nang wishes to continue to promote the connection of elements in the creative startup ecosystem, connect international and national startup ecosystems; access expert resources and investors; attract and strongly develop the city's creative startup business community".
Vice Chairman of Da Nang City People's Committee Ho Quang Buu spoke.
The message "Da Nang - City of Innovation" is not only a commitment, but also a compass for action and strategic orientation that the city persistently pursues, in line with the spirit of Resolution No. 57 of the Politburo: Science, technology, innovation and digital transformation are key driving forces for rapid and sustainable development.
Implementing Resolution No. 136 of the National Assembly, with high political determination, Da Nang issued and synchronously deployed more than 20 documents, mechanisms, policies, and plans to develop a comprehensive and substantive innovative startup ecosystem.
For 4 consecutive years, Da Nang has been honored as an Attractive City for Innovative Startups. The Local Innovation Index in 2024 ranked 5th in the country. In 2025, Da Nang made a remarkable leap forward and ranked 766th in the top 1,000 global cities for Startup Ecosystems according to the ranking of the StartupBlink Center for Research and Mapping the Global Startup Ecosystem.
After the merger, with outstanding results and many consecutive years leading the country in organizing Techfest and developing startup networks, Quang Nam has created an important foundation to help Da Nang expand opportunities and development space; forming a dynamic ecosystem with many creative startups, including startups that have successfully raised millions of USD in capital.
The Organizing Committee awarded the First Prize of the Innovative Startup Competition to the LocalLife.Asia project.
At the festival, the Organizing Committee announced and awarded prizes to the winning teams of the Innovation and Startup Competition. The first prize went to the LocalLife.Asia project; the AIVOS project won the second prize, the Rally AI project won the third prize and the LotusEase project won the consolation prize.
Signing ceremony of Memorandum of Understanding between Da Nang City People's Committee and CT Group Corporation.
Within the framework of the event, the program also organized the awarding of ecosystem certificates to Da Nang City with the fastest growth rate in Vietnam; signed a Memorandum of Understanding between the People's Committee of Da Nang City and CT Group Corporation; launched the Innovation Network of universities and colleges in Da Nang City; interacted with domestic and international experts and founders...
Source: https://mst.gov.vn/khai-mac-ngay-hoi-khoi-nghiep-doi-moi-sang-tao-da-nang-2025-197250730170637346.htm
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