Da Nang is becoming a favourite destination for startup lovers from both home and abroad. Perhaps, the city's goal of being an ‘Innovation Hub by the Sea’ is gradually becoming a reality.

The city’s goal of being an ‘Innovation Hub by the Sea’ is gradually becoming a reality.

In recent years, the city has been very inviting to ‘digital nomads’ who use telecommunications technologies to earn a living in many aspects and, more generally, conduct their lives in a nomadic manner.

When arriving in any locality, these ‘digital nomads’ will establish cooperative relations with start-up community and programmers there in order to boost local start-up activities and expand their business relationships.

Rauno Varblas, head of a group of foreign software programmers cum a founder and a manager of some start-up organisations in Estonia, is a typical example.

He and his teammates have visited and stayed in Da Nang for about a month to work and enjoy fresh air here.

In addition to ‘digital nomads’, Da Nang has become very attractive to young startup lovers thanks to its great potential for the development of startup products and services.

Many of them are Da Nang-born people but they have studied and worked in other localities nationwide like Ho Chi Minh City or such foreign countries as the USA, for a long time.

They have then returned to their hometown to do their business, such as building an ‘made in Viet Nam’ electric car factory, and setting up a startup business in the aspect of education.

In his remarks at a meeting in late January to review the implementation of a project to support the city’s creative and innovative startup ecosystem by 2025 over the past 2 years, Mr Pham Dung Nam, the project’s Director, noted nature has generously bestowed on Da Nang a beautiful long coastline embracing the Son Tra Peninsula, and the sea ports of Tien Sa and Lien Chieu. Therefore, the city is very inviting to the world’s leading technology experts and startups.

He, however, suggested that in a bid to become an ‘Innovation Hub by the Sea’ in the future, the city should focus on developing human resources for the start-up community.

Also, start-up activities should be combined with promoting the development of some spearhead economic sectors, including tourism, trade, and hi-tech.