Da Nang Pursues Strategic Investment Partnerships with Dubai

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## Promoting Global Cooperation in Innovation: Da Nang and Dubai Unite

On February 25, a pivotal meeting took place at the Da Nang Innovation Startup Support Centre, organized by the city’s Department of Science and Technology in collaboration with Aeternum Consulting Ltd. This gathering aimed to foster new cooperation opportunities between local startups and international investors, particularly focusing on partners from Dubai.

### Strengthening International Ties

This event was a follow-up to a recent trip undertaken by Da Nang’s officials to Dubai, marking a strategic effort to enhance connections within the city’s innovation startup ecosystem. The goal is clear: to bridge the gap between Da Nang’s burgeoning tech scene and global organizations, technology firms, and investors, thereby unlocking new avenues for growth and innovation.

### Focus Areas of Cooperation

The discussions during the session were centered on various themes, including investment cooperation, product commercialization, and the development of digital assets. Da Nang strives to facilitate the expansion of its startups into international markets, leveraging direct engagement with Dubai’s business environment to achieve these objectives.

### A Vision for Long-term Partnerships

Deputy Director of the Department of Science and Technology, Le Son Phong, articulated Da Nang’s aspiration to broaden its international cooperation, particularly with notable financial and innovation hubs in the Middle East. He emphasized that establishing strong ties with Dubai is not just beneficial; it’s part of a strategic long-term vision for the city.

### Targeting High-Tech Investment

Da Nang is keen on attracting investments in high-tech sectors, emphasizing fields like digital finance, blockchain technology, artificial intelligence, and innovative economic models. These priorities align seamlessly with the city’s commitment to green, smart, and sustainable development.

### Collaborative Efforts and Future Activities

During the meeting, participants shared insights and practical solutions in preparation for future joint activities. The overarching aim is to generate concrete investment opportunities that benefit both Da Nang and its Dubai partners, reinforcing the city’s commitment to working alongside businesses and global collaborators to establish a dynamic innovation ecosystem.

### Upcoming Events: The Unchained Summit

An exciting element of this initiative is the announcement of the “Unchained Summit – Vietnam Edition,” set to take place on May 28–29 at the Furama Resort in Da Nang. This significant event will concentrate on topics such as digital assets, blockchain, fintech, artificial intelligence, and emerging technologies. The aim is to position Da Nang as a local hub for innovation and digital economic development.

The summit will be a venue for startup pitches, one-on-one investment matchmaking, panel discussions, specialized workshops, and a technology exhibition, facilitating community networking opportunities vital for both investors and entrepreneurs.

### Memorable Partnerships and Commitments

As part of the efforts to solidify cooperation, the Da Nang Innovation Startup Support Centre and Aeternum Consulting signed a memorandum of understanding (MoU). This agreement highlights their mutual commitment to advancing innovation, digital assets, and emerging technologies while promoting international collaboration and digital transformation.

### A Commitment to Innovation and Growth

The collaboration with Dubai partners signifies Da Nang’s dedication to becoming a regional center for innovation. The city is continuously working to deepen its integration into global and regional networks focused on science, technology, and digital transformation, which are recognized as essential growth drivers in the next phase of its development.

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