Da Nang: Nearly 40 Start-ups seek investment at DAVAS 2025

Nhan Dan

The event was co-organised by the Da Nang Department of Science and Technology, the Da Nang Innovation Startup Support Centre, Quest Ventures, and HVA Investment Joint Stock Company.

This year’s summit welcomed 60 experts and speakers, along with over 20 well-known investors and venture capital funds from countries, including Singapore, Japan, the Republic of Korea (RoK), and Vietnam, representing a combined investment portfolio of approximately 3.5 billion USD.

Notably, 36 start-ups from various sectors such as technology, education, agriculture, and health care pitched for funding and explored opportunities for investment partnerships.

Beyond the pitch sessions, DAVAS 2025 featured a range of standout activities including – the launching of the Da Nang–Greater Bay Area Innovation Hub, three investment discussion panels, the signing of cooperation agreements on innovation, the debut of the city’s SIC student start-up network, and a showcase of innovative start-up booths.

According to experts, Da Nang is steadily emerging as a leading innovation and start-up hub, with strong potential in high-tech sectors.

Nguyen Thi Anh Thi, Vice Chairwoman of the Da Nang People’s Committee, emphasised the city’s proactive innovation policies, including tax exemptions, infrastructure support, and controlled trials for new technologies.

With the upcoming administrative mergence with Quang Nam province, Da Nang aims to strengthen its role in the national and regional economy and become a leading innovation and entrepreneurship hub in Southeast Asia. She also expressed plans to build a strong network of angel investors and venture capital funds to support start-ups.

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