Opening of Da Nang-Seoul Innovation Hub

In an effort to expand Da Nang's startup projects to an international level, the Da Nang - Seoul Innovation Startup Space was created with the goal of providing training and coaching programs to help bring Da Nang's startups onto the global market, with a particular emphasis on the Republic of Korea.

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The Da Nang-Seoul innovation space was officially unveiled on September 29 as part of the Da Nang Startup and Innovation Festival (SURF 2023) held in Da Nang, NDO reported.


This innovation space is a collaborative effort between the Da Nang Department of Science and Technology and the Vietnam Innovation Network (VINK) based in South Korea.

Da Nang-Seoul Innovation Space Opened
The Da Nang-Seoul innovation space was officially opened. Source: NDO


The Da Nang-Seoul innovation space aims to support and promote the growth of Da Nang’s startups in South Korea through training programs provided by the Overall Assistance for Start-up Immigration System of the Ministry of Justice and the Banks Foundation for Young Entrepreneurs DCAMP.


VINK will assist with the legal procedures for migration and business in South Korea, as well as facilitate connections with Korean investment funds and enterprises.


Additionally, the innovation space will serve as a platform for Korean companies and investment funds to learn about Da Nang’s startups.


VINK is one of Vietnam’s eight overseas innovation networks under the Ministry of Planning and Investment. Its members include Vietnamese scientists, experts, and entrepreneurs based in South Korea.


According to VINK Chairman Nguyen Quang Phuoc, the network will lead a delegation of over 1,000 companies in AI from South Korea to Da Nang in the near future to hold a workshop on the field, providing an excellent opportunity for collaboration between the two sides.

Da Nang-Seoul Innovation Space Opened
A cooperation agreement signing ceremony between the Da Nang Department of Science and Technology and the Academy of Science, Technology and Innovation under the Vietnamese Ministry of Science and Technology. Source: Da Nang newspaper


As part of the event, a signing ceremony was held between the Da Nang Department of Science and Technology and the Academy of Science, Technology and Innovation under the Vietnamese Ministry of Science and Technology. The ceremony marked the implementation of a project to develop Da Nang into an innovation city that joins the UNESCO Creative Cities Network.


The event also witnessed agreements made between the Da Nang Department of Science and Technology and VINK on developing a startup ecosystem, as well as between the Da Nang Women’s Union and Da Nang Department of Science and Technology on providing scientific and technological support for women starting businesses and women involved in business activities in the city.


Da Nang has been recognized with the Seoul Smart City Prize in the Human Centricity bronze category at the World Cities Summit Mayors Forum in Seoul, organized by the World Smart Sustainable Cities Organization (WeGO), according to VNA.


This is the second regional smart city award received by Da Nang, following the Asia-Oceanian Computing Industry Organization (Asocio) Smart City Award in Bangkok, Thailand, in 2019.


The award acknowledges the city’s relentless efforts in promoting initiatives for building a smart city, focusing on happiness, innovative infrastructure, online public services, economic growth, education, and human-centered development research.


The Seoul Smart City Prize celebrates innovative and inclusive smart city models that prioritize the needs of underprivileged groups. It aims to bridge the gap between cities and recognize those who strive to implement innovative and inclusive smart city models.


Da Nang is a member of the World Smart Sustainable Cities Organization (WeGO), which is an international association of local governments, smart tech solution providers, and institutions focused on transforming cities into smart sustainable cities through public-private partnerships (PPP). The city is also a member of the ASEAN Smart Cities Network.


The city’s information technology and communications (ICT) industry recently launched a digital ecosystem, featuring a multi-service mobile app and digital citizenship platform. This ecosystem includes a smart trips platform, switchboard 1022, and Danamap for emergency calls.


Da Nang aims to become a smart city by 2025 and is the first city in Vietnam to join the ASEAN smart city network by 2030.

Hannah Nguyen