A start-up business project in hi-tech farming in Da Nang city (Photo: VNA)
Da Nang (VNA) - Leading speakers from home and abroad will addressthe fourth Da Nang Start-up Innovation Festival on November 1.
Vice director of the city’s science and technology department Tran Van Hoangsaid at a press conference on October 2 at least 30 speakers and experts alongwith 2,000 businesses, students and investors will join the event.
Peter Vesterbacka is a global entrepreneur and brand communities creator fromFinland; Dominic Mellor, the leader of the Mekong Business Initiative of theAsia Development Bank; Jan Lederman, President of Valhalla Private Capital, Canada;founder of Percent Silicon Valley Thach Le Anh; Shark Tank and director ofCyber Agent Investment Foundation Nguyen Manh Dung and other domestic andforeign speakers will all take part.
Hoang said activities including an exhibition of 70 business start-up projects,start-up pitching and business meetings will prelude the conference fromOctober 28-31.
He said the city has established three private funds reserving for start-upprojects since 2016.
This year’s event will focus on start-up projects in fields of informationtechnology, tourism and agriculture, aiming at promoting the city’s innovativestart-up ecology system for the future.
The city’s business start-up ecosystem debuted in 2014 as a base for theyounger generation to begin their careers. Three hundred start-up projects, ofwhich 10 received funding from investors, were born from the ecosystem’sco-working space.
In 2017, the Song Han Incubator Centre, which was seen as the first privatesector incubator, was debuted as a consultancy for young people startingbusinesses.
The centre has supported 40 start-up projects in tourism in Da Nang and HCMCity.
Last year, two projects received 7.7 billion VND (335,000 USD) from investors.
Da Nang has 18,000businesses, 95 percent of which are small and medium-sizedenterprises.
The city plans to support 200 projects and 80 start-up businesses, in which atleast 20 percent of businesses will successfully call fund from investors, in2020.
During the occasion ofhosting the conference, Da Nang will debut its first Adventurous Fund insupporting start-up businesses./.
Vietnamese start-ups that wish to go global must have a “global mindset” and “decision-making power” and be willing to “take risks” to capitalise on the opportunities for success in the digital economy, experts have said.
The regulation on the private placement shares of a start-up company is sparking opposing public opinions as it can pose potential risks and create overlaps with other laws.
Vietnam ranked as the 8th largest export market of Singapore with an export turnover of more than 11.7 billion SGD (9.06 billion USD) in the first five months of this year, four places higher than that of the same period last year.
Vietnamese Ambassador to the US Nguyen Quoc Dung reviewed key milestones in the bilateral relationship, underscoring the essential and sustained contribution by businesses from both countries, from the time before the normalisation of bilateral ties in 1995 until today, when the two sides are comprehensive stategic partners of each other.
According to targets adopted at the fifth Party Congress of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) on June 22, the zones aim for average capital attraction of 8–10 million USD per hectare, with a 70% disbursement rate of registered capital achieved on schedule.
This year’s event attracted more than 350 entries from cities and provinces across the country, reflecting growing interest in and commitment to the Fourth Industrial Revolution.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
A start-up business project in hi-tech farming in Da Nang city (Photo: VNA) 
