Da Nang opens runway for startup investment
Hanoi, June 3 -- With ambitions to become a destination for global technology capital, the central coastal city of Da Nang is introducing stronger mechanisms to attract investors and create greater opportunities for startups and innovation-driven enterprises. According to Tiffany Hoang, Chapter Lead of the Stellar Vietnam fund, three key factors are drawing the attention of investment funds to Vietnam and Da Nang in particular. The first is the openness of local authorities towards regulatory sandbox programmes, innovation hubs and legal frameworks that encourage startups to establish and grow their businesses in the city. The second is an environment of close coordination between government regulations, startups and major corporations. T...
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