On Thursday, Mr Le Trung Chinh, Da Nang People’s Committee Vice Chairman cum President of the city’s Coordination Council for Business Start-up Network (DSC), hosted a reception for a group of visitors from the Swiss Entrepreneurship Program (Swiss EP).

Vice Chairman Chinh remarked Da Nang  has been a pioneer in establishing coordination council for business start-up network, and a business incubation centre. In addition, the city has successfully organised many international and national-level startup events over the past 5 years.

He, however, said the city’s startup activities were still modest compared with foreign countries’.

“In the coming time, Da Nang will focus on implementing the startup education project in universities and junior colleges aross the city, as well as reaching its target of becoming one of the country’s attractive startup cities”, he added.

Mr Chinh noted his city will ask for a helping hand from international startup organisations, including Swiss EP, to realise its above-mentioned goals.

On behalf of the visitors, Mr Martin Webber, Executive Vice President of J.E. Austin Associates, Inc cum Swiss EP expert, highlighted the significance of ensuring strong science and technology, and economic foundations in developing a successful entrepreneurial ecosystem.

He suggested that Da Nang should facilitate startup projects to access socio-economic resources, organise more startup forums, and help universities and junior colleges commercialise their students’start-up ideas.

For his part, Mr Vo Duy Khuong, the Chairman of the Da Nang Entrepreneurship Support Company (DNES), said Da Nang has yet to have a quantitative measure to evaluate the performance of startup ecosystem.

He, therefore, stressed the need for universities in the city to access entrepreneurship curricula, thereby setting up their own businesses and incubation centres.

He, therefore, stressed the need for universities in the city to access entrepreneurship curricula, thereby setting up their own businesses and incubation centres.