Representatives of embassies of some European and Asian countries in Viet Nam on Friday visited the Da Nang Hi-Tech Park located in Hoa Vang District and the Viet Nam Innovation Hub Da Nang in Son Tra District.

Delegates were allowed to learn more about investment opportunities at the Da Nang Hi-Tech Park and industrial parks across the city, June 9, 2023.

This activity was within the framework of the international workshop ‘Developing an innovative startup ecosystem in Da Nang and people-to-people diplomacy in connecting and mobilizing resources’ organised by the City People's Committee in collaboration with the Viet Nam Union of Friendship Organizations.

The delegates learned about investment opportunities in industrial parks (IPs) and especially Da Nang Hi-Tech Park. According to statistics from the Authority of the Da Nang Hi-Tech Park and Industrial Zones (DHPIZA) from 2020 to mid-May, 2023, this agency has granted investment registration certificates for 59 domestic projects with a total capital of over VND8,180 billion and 12 FDI ones worth a total over US$271 million.

Up to now, the Da Nang Hi-Tech Park, the IT Park and IPs across the city have attracted a combined total of 516 projects, 391 of which were domestically-invested with VND31,614 billion in value and the remainder were foreign-invested with a total investment capital of US$1,889 million, accounting for 46.5% of the total FDI capital channelled into the city.

The delegates were also introduced to the hi-tech business incubation programme conducted by the General Service Centre of the Da Nang Hi-tech Park. Since 2019, there have been 5 completed projects and 2 under- incubation projects.

Foreign businesses exchange and learn about outstanding startups in the innovation startup ecosystem in Da Nang.

The Da Nang Hi-Tech Park General Service Centre supports projects by connecting them with domestic and foreign investors and investment funds, as well as provide the support for promotion, communication, corporate legality, product stability and corporate development.

Ms. Le My Nga, the Vice President of Viet Nam Innovation Hub in Da Nang informed that her unit has pioneered in developing and connecting infrastructure for innovation on a national scale with a non-profit purpose, focusing on social impact value to create the best infrastructure platforms to best serve innovation and startup incubation.

The delegates also had the chance to visit prominent elements in Da Nang's innovative startup ecosystem at Viet Nam Innovation Hub in Da Nang such as EM&AI Joint Stock Company and the Songhan Incubator.

Outstanding products of startups are displayed at the Viet Nam Innovation Hub Da Nang.

Reporting by MAI QUE, VAN HOANG - Translating by A.THU