Da Nang rockets 130 places in global startup ecosystem rankings

The city is also among the world’s 12 standout startup ecosystems featured at StartupBlink’s 2025 online workshop, earning its recognition as one of the planet’s “hottest” startup destinations.

Da Nang rockets 130 places in global startup ecosystem rankings (Photo: https://diendandoanhnghiep.vn/)
Da Nang rockets 130 places in global startup ecosystem rankings (Photo: https://diendandoanhnghiep.vn/)

Da Nang (VNA) – The central city of Da Nang has made remarkable progress in the global startup landscape, climbing 130 steps to the 766th position in the Global Startup Ecosystem Index 2025 recently announced by StartupBlink, a global startup ecosystem map and research centre.

The city is also among the world’s 12 standout startup ecosystems featured at StartupBlink’s 2025 online workshop, earning its recognition as one of the planet’s “hottest” startup destinations.

The Da Nang centre for startup and innovation support attributed the city’s rise to a rational innovation strategy anchored in state-of-the-art technologies such as AI, semiconductor, blockchain, biotechnology, quantum computing, and renewable energy. Da Nang eyes to become a leading startup and innovation hub in Asia by 2045. Through expanding international cooperation, the city is strengthening its position as an economic and technological centre in the central of Vietnam, while aspiring to become a national hub for innovative startups.

Over the recent past, the city has rolled out nearly 30 pioneering policies to support innovation startups, including regulatory sandboxes for emerging technologies, tax exemptions for startup activities, and assistance in utilising scientific and technological infrastructure assets.

Major infrastructure development is also underway, including an innovation startup space and upcoming software park No.2 with international standards, expected to accommodate up to 6,000 tech professionals.

Currently, Da Nang boasts a diverse and dynamic startup ecosystem, hosting over 50 events of various sizes each year and attracting thousands of participants from home and abroad. Numerous co-working spaces, incubators, and startup support centres have been established, creating favourable conditions for the young entrepreneurial community to thrive.

The ability to supply high-quality human resources is another strength of Da Nang. The city is now home to 18 universities, 15 colleges, and 44 vocational training institutions, collectively educating over 100,000 students each year. The city also boasts a workforce of 251 professors and associate professors, along with research experts and a large pool of intellectuals and scientific and technological personnel at various universities.

The National Assembly’s approval to pilot a Free Trade Zone in Da Nang, the first of its kind in Vietnam, along with plans to develop regional financial centre, are expected to further boost the city’s appeal to strategic partners, financial institutions, legal consultants, and professional services./.

VNA

See more

A graphic image of a new terminal of Phu Quoc International Airport (Photo: CPG Consultants)

Sun Group licensed to operate Sun PhuQuoc Airways

Sun PhuQuoc Airways has a total operating duration of 50 years, with an investment capital of 2.5 trillion VND (approximately 98.81 million USD). The airline's main operations hub is located at Van Don International Airport, Van Don district, Quang Ninh province.

Real estate bonds issued from June-December are expected to be worth about 79.77 trillion VND. (Photo: chinhphu.vn)

Real estate bond market rebounds in May

May also witnessed a significant volume of early redemptions. Businesses repurchased bonds worth about 15.86 trillion VND before maturity - an increase of 6.7 % compared to the same period in 2024.

Domestic fuel prices adjusted upward from 3pm on June 12. (Photo: VNA)

Fuel prices continue upward trend on June 12

The price of E5 RON92 petrol is now capped at 19,462 VND (0.75 USD) per litre, up 199 VND from the previous adjustment, while RON95-III costs no more than 19,967 VND per litre, up 269 VND.

Minister of Industry and Trade Nguyen Hong Dien (R) meets with Senator Roger Marshall. (Photo: VNA)

Vietnam ready to further open market for US exports: Minister

Regarding the ongoing negotiations on a Reciprocal Trade Agreement between the two countries, he emphasised that Vietnam remains consistent in its approach to the talks with the US, aiming for a bilateral agreement based on respect for sovereignty, independence, political system, harmonisation and balance of interests, as well as in line with international commitments and the development level of each country.

Vietnam’s auto sales near 30,000 units in May (Illustrative photo: VNA)

Vietnam’s auto sales near 30,000 units in May

Of the vehicles sold, there were 20,014 passenger cars, 8,983 commercial units, and 213 special-purpose vehicles. While passenger car sales dipped 3.6% from the previous month, commercial vehicles surged 4% and specialised ones climbed 6%.