Your Gateway to Da Nang's Business, Startup, Innovation, Technology, and Finance Ecosystem
We develop local builders and connect them globally, while helping local and international founders build in Da Nang, connect with its ecosystem, and explore pathways beyond it.
Two directions, one ecosystem: Build Local Talent and Build in Da Nang.
Where Da Nang connects with the world, and where the world connects with Da Nang.
Da Nang Innovation Hub has two core directions: strengthen local capability and help local and international founders build, connect, and grow from Da Nang.
Build Local Talent
Local talent. Global capability.
We support local students, founders, professionals, and startup teams to develop the practical skills, mindset, and international connections they need to become more competitive and future-ready.
The focus is practical capability—not generic classroom learning—across hard skills, soft skills, founder readiness, confidence, execution, and international perspective.
7 Readiness Pillars
Legal & Accounting
Financial Management
Marketing & Branding
Sales & Customer Service
AI & Development
Leadership (Mindset & Teamwork)
Communication (Public Speaking & Pitching)
Development happens through events, Founder Thursdays, Rising Minds, mentoring, practical feedback, local and international experts, peer learning, product and service testing, and community connections.
Preparing to raise capital?
Take the Investor Readiness Check and discover the areas to strengthen before approaching investors.
Build in Da Nang. Connect locally. Expand globally.
We support local and international founders to start, relocate, connect in Da Nang, and expand their businesses globally.
From business setup and soft-landing to local partnerships, talent, ecosystem access, startup incentives information, international connections, and global expansion pathways, we help founders navigate the journey from building in Da Nang to growing beyond it.
Ecosystem Access & Orientation
Local founders starting companies
International founders relocating
Companies establishing operations
Trusted local partner connections
Talent connections
Universities
Technology communities
Professional service providers
Startup incentives information
Workspace orientation
Local business connections
International market connections
Global expansion pathways
Startup Incentives Snapshot
Updated: September 2026
Up to VND 2bn
Startup project support
Up to 100m²
Free workspace for up to 3 years
Up to VND 60m
Qualifying international IP filing support
Up to VND 120m/year
Qualifying international competition support
Additional sector-specific programs may be available for AI, semiconductors, and strategic technologies. Incentives are not guaranteed and depend on official eligibility and approval.
Da Nang Innovation Hub provides information, ecosystem orientation, and connections where relevant. It does not guarantee investment, clients, partnerships, incentives, or business outcomes. Direct paid and operational support is delivered by Innov Da Nang.
Local Talent Da Nang Innovation Hub Global Builders
We develop local builders and connect them globally, while helping international founders and companies connect with Da Nang and grow from here.
Da Nang Innovation Hub is where Da Nang connects with the world, and where the world connects with Da Nang.
Local knowledge meets global experience. AI, sustainability, startup incentives, Founder Thursdays, Rising Minds, Da Nang Innovation Week, DAVAS, ecosystem events, and international partnerships support these two directions; they are not separate strategic directions.
One Integrated Ecosystem
One integrated ecosystem. Shared opportunity.
We bring local and international founders, professionals, investors, universities, companies, technology communities, and ecosystem partners into one inclusive environment around shared interests, projects, and opportunities.
We believe international growth should create meaningful value for Da Nang's local ecosystem through stronger skills, relationships, business opportunities, collaborations, and access to global markets.
The Global Network
Two-way access, relationships, and opportunity
DNIH connects Da Nang with international founders, executives, mentors, investors, universities, companies, innovation hubs, startup communities, and ecosystem partners.
For local builders
Access global experience, mentors, market perspectives, relationships, collaboration opportunities, and expansion pathways.
For international builders
Understand Da Nang, meet local founders and businesses, access talent, and discover relevant ecosystem opportunities.
Da Nang Innovation Hub is the ecosystem platform, information portal, community, connector, local-global bridge, and home for founder and talent development. Innov Da Nang is the operating company that delivers direct business support, soft-landing services, paid programs, sponsorships, consulting, and operational execution. innovdanang.com
Strategic Cooperation
INNOV DA NANG Signs MOU with DISSC
A new cooperation agreement focused on strengthening international connections, startup support, investor and expert networks, and global opportunities for Da Nang's innovation ecosystem.
October 2026 · Official cooperation between INNOV DA NANG CO., LTD. and the Da Nang Innovation Startup Support Center
Information, resources, and ecosystem visibility across business, startups, innovation, technology, finance, events, and foreign founder opportunities in Da Nang.
Business in Da Nang
Information for foreign founders, executives, investors, and companies exploring Da Nang as a business base.
Startups & Founders
Resources, ecosystem updates, startup visibility, founder opportunities, and information about Da Nang's startup environment.
Innovation & Technology
Coverage of Da Nang's growing focus on AI, semiconductors, Web3, digital transformation, high-tech development, and innovation.
Finance & Investment
Updates and resources related to Da Nang's finance ecosystem, investment activity, Vietnam International Financial Centre developments, and relevant business events.
Events & Ecosystem Activity
A curated view of major local and international events related to business, startups, innovation, technology, finance, and entrepreneurship in Da Nang.
Foreign Founder Resources
Guidance and links for foreign founders and companies exploring business setup, relocation, hiring, partnerships, and soft-landing in Da Nang.
Da Nang Innovation Hub is a private-led ecosystem initiative created to support Da Nang's growth as a regional innovation destination.
Through two core directions—Build Local Talent and Build in Da Nang—we connect local talent, local and international founders, investors, universities, companies, technology communities, service providers, and ecosystem partners.
We are not an incubator or accelerator, and we do not compete with them. Our role is to complement existing incubators, accelerators, universities, and startup support organizations by creating bridges across the ecosystem, supporting founder readiness, improving access to trusted local partners, helping foreign founders soft-land in Da Nang, and creating opportunities for collaboration.
Why We Exist
Da Nang is growing quickly as a destination for innovation, entrepreneurship, technology, remote work, and international business. But a growing ecosystem needs more than events, policies, and individual programs.
It needs trusted connections between people and organizations.
Da Nang Innovation Hub exists to help connect those dots.
We build practical capability among local talent and help local and international founders navigate Da Nang, connect with its ecosystem, and explore pathways into international markets.
Our Role in the Ecosystem
Our role is to act as a bridge. We help connect:
local talent with global experience and opportunities
students with startup and innovation exposure
startups with mentors, investors, and ecosystem partners
local and international founders with trusted ecosystem connections
universities with founders and companies
incubators with international networks and founder-readiness support
investors with more visible and better-prepared startups
Da Nang's ecosystem with international networks and markets
What We Focus On
Local Talent & Skill Development
We support students, young professionals, and local founders with practical skills such as communication, pitching, business English terminology, multicultural teamwork, leadership, AI tools, sales, and founder readiness.
Build in Da Nang
We help local and international founders understand the ecosystem, access relevant relationships, and explore pathways to start, relocate, connect locally, and expand globally from Da Nang.
Local × Global Connections
We connect local builders with international experience and help international builders understand, contribute to, and collaborate within Da Nang's local ecosystem.
One Integrated Ecosystem
We bring local and international people into the same environment around shared interests, projects, and opportunities, creating two-way value for Da Nang.
How We Collaborate
Da Nang Innovation Hub is designed to work with existing ecosystem players, not replace them. We can collaborate through:
joint workshops
student skill development programs
founder readiness sessions
pitching and communication training
international founder talks
startup showcases
investor-readiness support
soft-landing support for foreign founders and companies
ecosystem events
partner introductions
Our mission is to build local capability, help local and international founders build in Da Nang, and connect the city's ecosystem with global experience, relationships, and opportunities.
Meet the Visionary
The visionary behind Da Nang Innovation Hub
Dimitris Tselios
Founder, Da Nang Innovation Hub
Dimitris Tselios is a Leadership & Business Strategist with more than 30 years of entrepreneurial experience across leadership, business strategy, remote work, community building, and international ecosystem development.
He works with founders, CEOs, organizations, public institutions, and communities to design leadership strategies, operational systems, and sustainable ecosystems that generate long-term economic and societal impact.
His international work includes founding and building initiatives across AI, remote work, digital nomadism, leadership, ecosystem development, and international events. Through these projects, he has developed a global network of founders, executives, governments, universities, investors, remote professionals, technology leaders, and ecosystem builders.
Da Nang Innovation Hub reflects his vision of connecting Da Nang's local talent, universities, startups, technology communities, institutions, and business ecosystem with international founders, investors, companies, and future-focused communities.
His goal is to support Da Nang's development as a more connected, internationally visible, and collaborative destination for entrepreneurship, innovation, technology, and global talent.
30+
years of entrepreneurial experience
800+
advisory clients
7,000+
training participants
250+
public talks
Dimitris' Projects & Initiatives
Dimitris' wider work connects leadership, AI, remote work, digital nomadism, ecosystem development, and international community building through a portfolio of global initiatives.
To establish Da Nang as a trusted regional hub for innovation, entrepreneurship, technology, investment, and global talent.
Mission
Our Mission
To build local talent, help local and international founders build in Da Nang, and create practical two-way bridges between the city's ecosystem and global experience, relationships, and opportunities.
Why Da Nang
Startup Incentives in Da Nang, Updated 2026
Updated: September 2026Based on Da Nang's 2026 innovation support resolutions and related national legislation.
Da Nang introduced a new package of innovation support programs in 2026, covering startup development, workspace, talent, intellectual property, international competitions, regulatory testing, and selected technology sectors. Eligibility varies by program, company status, sector, documentation, available budget, and official evaluation.
The information below is provided for orientation only. Incentives are subject to official eligibility requirements, documentation, evaluation, budget availability, and approval by the relevant authorities. Da Nang Innovation Hub does not provide or guarantee public funding, tax exemptions, workspace, sandbox approval, or other incentives.
Da Nang’s Role in Vietnam’s International Financial Centre
One national framework, two complementary locations: Ho Chi Minh City and Da Nang. Da Nang’s emerging role centres on innovation, fintech, digital and sustainable finance, and controlled testing—not guaranteed access or approval.
Qualifying startup projects may receive support for eligible project costs, including salaries of people directly working on the project, prototypes and samples, technology completion, marketing and business support services, valuation, legal and intellectual property advisory, premises, cloud and AI tools, shared laboratory use, and eligible expert costs.
Pre-incubation: up to VND 30 million
Incubation: up to VND 60 million
Acceleration: up to VND 80 million
Registered company stage: up to VND 2 billion
The different eligible cost categories count toward the same overall VND 2 billion project ceiling — they are not separate amounts that can be stacked above that maximum. Stages and application pathways differ: early-stage support may be routed through qualified intermediary organizations, while registered companies may apply through the relevant city department.
2. Workspace & Infrastructure
Up to 100m² of workspace free for up to 3 years
Qualifying startups and startup projects may be eligible for workspace and infrastructure support.
Free workspace of up to 100m² for up to 3 years
After outgrowing free space, up to 50% support for qualifying rent
Rent support up to VND 300 million per year for qualifying facilities
Potential access to labs, workshops, IT infrastructure, and research equipment
Service charges are not necessarily covered. Eligibility depends on the activity and relevant city priority fields, and availability is limited and subject to official approval.
3. Additional Support for AI, Semiconductors & Strategic Technology
Sector-specific programs
For qualifying AI, semiconductor, and strategic technology projects, selected support mechanisms may include investment support of up to 5% of eligible project value, capped at VND 200 billion, subject to the applicable program and approval.
Digital Technology Park access
Support for qualifying new investment projects
Rent support
Initial fit-out support
Specialized talent support
Technology infrastructure
These programs are sector-specific and may require recognition or qualification under the relevant technology program. Not every AI startup automatically receives this support.
4. Talent & Expert Support
Up to VND 600 million in eligible project salaries
Qualifying startup project budgets may include talent and expert costs.
Up to VND 600 million in eligible project salaries
Domestic expert support
Short- and longer-term specialist engagements
International expert costs considered case by case
International expert support is not a fixed guaranteed subsidy. Larger specialist talent programs may be available for qualifying AI and semiconductor companies under separate sector-specific programs.
5. Intellectual Property Support
Up to VND 60 million for qualifying international IP filings
Support may be available per qualifying filing, subject to acceptance or granting requirements.
Vietnam — patents or eligible plant varieties: up to VND 30 million per qualifying filing
Vietnam — industrial designs or trademarks: up to VND 15 million per qualifying filing
International — qualifying patent, design, or trademark filings: up to VND 60 million per qualifying filing
Support is subject to official documentation and eligibility. Reimbursement is not automatic.
6. International Competition Support
Up to VND 120 million per team per year
Qualifying international competitions may attract reimbursable support for participating teams.
International travel
Accommodation
Exhibition or booth costs
Shipping of competing products
Smaller limits may apply for domestic competitions
Individuals and unincorporated teams may also qualify under certain conditions, including relevant connection to Da Nang. Eligible expenses are generally reimbursement-based and require supporting documentation.
7. Regulatory Sandbox: Permission to Test
Permission to test — not a grant
Da Nang may allow qualifying innovative technologies, services, or business models to operate in a controlled regulatory testing environment when existing law does not fully cover the solution.
The sandbox provides permission to test — it does not automatically provide permission for unrestricted commercial sale
The applicant bears testing costs
Technical, financial, staffing, tax, social insurance, data protection, and environmental compliance may be assessed
The sandbox is not funding. Approval is subject to detailed criteria and official evaluation.
Potential 5-Year Da Nang Tax Exemptions
Under Da Nang's special mechanisms, qualifying innovative startups, AI and semiconductor companies, selected startup-support activities, eligible experts and workers, and certain investment transfers may qualify for tax exemptions for up to 5 years, depending on the specific category.
Company incorporation alone does not create an exemption. Eligibility must be confirmed with DOST and the relevant tax authority.
Broad startup support
Potentially available across multiple sectors
Startup project support
Workspace and infrastructure
Intellectual property support
Competition support
Sector- or status-specific programs
More restricted
AI and semiconductor talent programs
Digital Technology Park incentives
Tax incentive confirmation
Regulatory sandbox
Not every startup qualifies for every program.
Important Rules Before Applying
No double funding
If two programs cover the same eligible cost, applicants generally cannot receive both for the same expense.
Previously State-funded costs
Projects or assets that already received public support may be excluded from receiving duplicate support.
Compliance matters
Tax and social insurance compliance documentation may be required.
Timing matters
Where budgets, workspace, or other resources are limited, application timing may affect availability.
Documentation matters
Most support is tied to approved and documented eligible costs.
Can Foreign-Founded Companies Apply?
A foreign-owned company or joint venture with its head office in Da Nang may potentially qualify for selected startup, AI, semiconductor, workspace, IP, sandbox, and tax-incentive programs, depending on the specific activity and eligibility criteria.
For international founders, the important questions are often:
Is the company legally registered in Vietnam?
Is its head office in Da Nang?
Does the project meet the relevant innovation criteria?
Is the activity in an eligible sector?
Are tax and social insurance obligations current?
Are the supported costs documented correctly?
Exploring Da Nang for Your Company?
Innov Da Nang supports international founders and companies with business orientation, ecosystem access, trusted local partner connections, and soft-landing support.
Da Nang introduced a new package of innovation support programs in 2026. Qualifying startup projects may access support of up to VND 2 billion per approved project, up to 100m² of free workspace for up to 3 years, up to VND 60 million for qualifying international IP filings, up to VND 120 million per team per year for qualifying international competitions, talent and expert cost support, a regulatory sandbox that grants permission to test, and sector-specific programs for AI, semiconductors, and strategic technology. Eligibility varies by program, company status, sector, documentation, available budget, and official evaluation.
What startup incentives are available in Da Nang?
Startup project support up to VND 2 billion, workspace and infrastructure support including up to 100m² free for up to 3 years, sector-specific support for AI, semiconductors and strategic technology, talent and expert support, intellectual property support of up to VND 60 million for qualifying international filings, international competition support of up to VND 120 million per team per year, and a regulatory sandbox providing permission to test. Tax incentives may be available under the applicable national and Da Nang-specific legislation. Nothing is automatic or guaranteed.
Does Da Nang Innovation Hub provide funding directly?
No. Da Nang Innovation Hub does not provide public funding directly. The Hub helps startups understand the ecosystem, prepare information, connect with relevant partners, and explore pathways for funding readiness, business setup, startup support, and innovation opportunities in Da Nang.
Can foreign founders access startup benefits in Da Nang?
Foreign founders may be able to access certain opportunities if their company is properly established, meets relevant sector and eligibility requirements, and complies with official conditions. Da Nang Innovation Hub can help foreign founders explore the ecosystem and connect with legal, accounting, and local business setup partners.
Da Nang Innovation Hub at a Glance
Name
Da Nang Innovation Hub
Location
Da Nang, Vietnam
Type
Private-led innovation ecosystem initiative
Focus
Startups, founders, investors, AI, semiconductors, technology, universities, global builders
Main activities
Build Local Talent, Build in Da Nang orientation, Founder Thursdays, Investor Readiness Check, Startup Investor Match, ecosystem events and connections
Startup benefits covered (2026)
Startup project support up to VND 2 billion, workspace up to 100m² free for up to 3 years, IP support up to VND 60 million for qualifying international filings, international competition support up to VND 120 million per team per year, talent and expert support, regulatory sandbox (permission to test), sector-specific AI and semiconductor programs, and tax incentives under applicable legislation
Website
https://www.dananginnovationhub.com
Business, Startup & Innovation Ecosystem
Da Nang Ecosystem Guide
A practical starting point for local and international founders, investors, companies, professionals, universities and technology builders.
Explore business setup pathways, startup communities, technology sectors, finance and investment context, and startup incentives through the ecosystem guide.
Da Nang is developing opportunities for startups, technology companies, researchers, and innovative projects in sectors connected to the city's long-term economic, technological, and sustainable growth.
Support programs, incentives, funding opportunities, sandbox access, workspace support, and other benefits depend on official eligibility criteria, documentation, evaluation, and approval by the relevant authorities. Da Nang Innovation Hub does not provide public funding directly and does not guarantee access to any program.
AI & Automation
Startups and companies using artificial intelligence, automation, AI agents, data systems, and intelligent workflows to improve business operations, public services, productivity, education, tourism, logistics, and smart city development.
Smart City Solutions
Technologies that support better urban management, mobility, traffic, public feedback, energy use, environmental monitoring, air quality, waste management, city data, tourism flows, and digital public services.
Semiconductor & High-Tech
Projects connected to semiconductor design, chip-related technologies, electronics, embedded systems, high-tech manufacturing, R&D, university-industry collaboration, and specialized talent development.
Sustainable Innovation
Solutions that help businesses, communities, and the city grow in a more resilient and responsible way, including resource efficiency, circular economy, energy savings, climate adaptation, green operations, and long-term business sustainability.
Tourism & Hospitality Tech
Technology and innovation for hotels, tourism operators, restaurants, events, local experiences, digital nomad tourism, wellness tourism, sustainable tourism, customer experience, and operational efficiency.
EdTech & Future Skills
Startups and programs focused on education, AI learning, business English, entrepreneurship education, startup readiness, coding, digital skills, remote work skills, global career readiness, and future workforce development.
HealthTech & Wellbeing
Innovations related to preventive health, wellbeing, mental health, fitness, healthy workplaces, active aging, wellness tourism, health data, and technologies that support a healthier city and community.
Climate Tech & Circular Economy
Solutions for waste reduction, plastic reduction, food waste, water monitoring, flood risk, coastal resilience, energy efficiency, carbon tracking, circular packaging, and resource reuse.
FinTech & Investment Innovation
Da Nang’s emerging VIFC orientation includes digital finance, payments, sustainable finance, and controlled testing of new financial models. Explore potential opportunities; regulated activities and testing depend on eligibility, licensing, and approval.
Logistics & Manufacturing Innovation
B2B technologies for supply chain traceability, warehouse optimization, inventory management, smart logistics, procurement, quality control, ESG reporting, energy efficiency, and manufacturing productivity.
Are you building in one of these areas?
If you are a founder, startup, company, investor, university, or ecosystem partner working in one of these sectors, Da Nang Innovation Hub can help you understand the ecosystem, discover relevant opportunities, and connect with the right resources or partners.
Submit your startup profile to gain visibility with investors, mentors, and ecosystem partners active in Da Nang. Investors can also request curated introductions to prepared founders.
A practical Build in Da Nang guide for local and international founders choosing a structure, approvals, timing, incentives, and local support.
Updated: September 2026Based on Vietnam's 2025–2026 foreign-investment framework and Da Nang's 2026 innovation incentive programs.
Founder Preparation Checklist
Before You Build in Da Nang
Before starting, relocating, or expanding a business in Da Nang, it helps to understand the key decisions, requirements, and local resources that may affect your journey.
Use this checklist as a practical starting point to identify what you need to research, confirm, or prepare before moving forward.
1. Business Activities & Sector
Define exactly what your company will do and whether your sector is unrestricted, conditional, regulated, or eligible for specific innovation programs.
2. Ownership Structure
Understand whether your business can be fully locally owned, fully foreign owned, or may require specific ownership conditions or partners.
3. Company Structure
Consider the most appropriate structure for your situation, such as a local company, foreign-owned company, joint venture, M&A route, branch, or representative office.
4. Capital Requirements
Understand the capital required for your business activity, company structure, licensing, staffing, and operational plans.
5. Licenses & Approvals
Identify whether your activities require additional licenses, approvals, permits, or sector-specific registrations before operating.
6. Registered Address & Workspace
Make sure your planned office, coworking space, facility, or registered address is appropriate for the company and activities you intend to operate.
7. Banking & Payments
Understand the banking, payment, foreign-investment account, and transaction requirements that may apply to your company.
8. Accounting & E-Invoicing
Plan for local accounting, tax reporting, bookkeeping, and electronic invoicing from the beginning.
9. Local & Foreign Staffing
Think about the roles you need, whether talent can be hired locally, and which positions may require international recruitment.
10. Work Permit Considerations
If foreign founders or employees will work in Vietnam, understand whether a work permit, exemption, visa, or residence process may apply.
11. Local Professional Support
Identify the legal, accounting, tax, immigration, HR, banking, or other qualified professionals you may need.
12. Startup & Innovation Programs
Explore relevant incubators, startup programs, innovation communities, universities, founder programs, and ecosystem initiatives available in Da Nang.
13. Potential Incentive Eligibility
Explore whether your project may be eligible for relevant startup, innovation, AI, semiconductor, workspace, IP, sandbox, tax, or other support programs.
14. Local Partners & Ecosystem Connections
Identify the founders, universities, technology communities, companies, investors, professional partners, and organizations that may be relevant to your business.
15. Launch Timeline & Budget
Create a realistic timeline and budget that accounts for registration, professional support, licensing, workspace, staffing, compliance, and operational setup.
Da Nang Innovation Hub provides information, ecosystem connections, and access to relevant resources. For legal, accounting, tax, immigration, licensing, or company-formation matters, founders should work with qualified local professionals.
Ready to Go Deeper?
Explore Da Nang’s startup incentives, ecosystem resources, professional partners, and business-building opportunities, or connect with Innov Da Nang if you need direct business setup or soft-landing support.
Direct business setup and soft-landing support by Innov Da Nang.
What changed in 2025–2026
A clearer market-access framework
Vietnam now uses a clearer three-tier model: Prohibited, Conditional, and Unrestricted. Many activities that were previously conditional are easier for foreign investors, but the exact business line still determines ownership and licensing requirements.
Prohibited
Foreign investment is not permitted.
Conditional
Ownership caps, licenses, minimum capital, approvals, or a local partner may apply.
Unrestricted
Foreign investors generally receive domestic market access, subject to ordinary registration and sector rules.
Many sectors allow 100% foreign ownership, while conditional sectors may have ownership caps, licensing requirements, minimum capital requirements, or mandatory local-partner structures. Treaty-based rights may also vary with the investor's nationality or country of incorporation.
Can Foreigners Own 100% of a Vietnamese Company?
Many technology, software, professional-service, and manufacturing activities allow 100% foreign ownership. Conditional sectors may still involve ownership caps, specialized licenses, minimum capital, mandatory joint ventures, or additional regulatory approval.
The certificate establishing the Vietnamese company.
Investment Registration Certificate (IRC)
The certificate related to the foreign investment project.
For some straightforward projects, the company may be established using an ERC-first route before completing the IRC process. The classic IRC-first route may remain more appropriate for complex, conditional, large-capital, incentive-driven, or sensitive projects.
The appropriate sequence depends on your sector, investment structure, market-access conditions, and incentive strategy. Confirm the route with qualified local counsel.
Entry is only the beginning
The 2026 framework places greater emphasis on whether a company continues to meet market-access, licensing, investment, tax, labour, reporting, and sector conditions after registration.
Plan post-registration compliance from the start; an ERC or IRC does not replace ongoing obligations.
Company Setup Roadmap
Step 1
Planning
Confirm sector and market access; choose structure, location, capital, compliant office, and legal representative.
Step 2
Registration
Complete the IRC and/or ERC process using the route appropriate to the project.
Step 3
Banking & Tax
Set up the corporate bank account, tax registration, e-invoices, and accounting system.
Step 4
Sector Licenses
Obtain additional approvals before operating any conditional business activity.
Step 5
People
Arrange work permits or exemptions, visas or residence cards, labour contracts, and social insurance.
Step 6
Go Live
Maintain accounting, tax filings, compliance, and investment reporting where required.
For a straightforward unrestricted-sector foreign-owned company, a realistic setup timeline may often be around 4–10 weeks. Complex projects can take substantially longer. Timelines are indicative, not guaranteed.
Popular Sectors for Foreign Investors
Technology, Software & AI
Generally open in many activities. Data, privacy, and cybersecurity rules may apply; qualifying AI and digital activities may access incentives.
Manufacturing
Many activities permit full foreign ownership. High-tech and strategic technology projects may qualify for incentives.
FinTech & Finance
Highly regulated. Da Nang’s emerging VIFC role includes digital finance and controlled testing, subject to eligibility and approval. Licensing depends on the exact activity; there is no general FinTech license.
Tourism & Hospitality
Additional operating licenses may apply to the specific activity.
Logistics
Some sub-sectors remain conditional and require activity-specific review.
Professional Services
Many consulting, marketing, and design activities are open; regulated professions have additional requirements.
Real Estate
Conditional and suitable for specialist legal review before commitments are made.
Vietnam Tax Overview
Corporate Income Tax
The standard CIT rate is generally 20%. Reduced SME rates may apply under the 2025 CIT framework, depending on eligibility and revenue.
VAT
Vietnam applies multiple VAT rates, and temporary reductions may apply to selected goods and services.
Incentive direction
Tax incentives are increasingly driven by sector, technology, project characteristics, high-tech status, and strategic activities—not simply by locating in an industrial park.
Living & Working in Vietnam
Entry visa ≠ permission to work. Foreign founders and employees may need an appropriate visa, a work permit or exemption, and a Temporary Residence Card where relevant. From 5 December 2026, work-permit rules follow Decree No. 393/2026/NĐ-CP.
Do not begin working before the required work permit or exemption process is completed. Visa status alone does not provide work rights.
Effective from 5 December 2026Updated: October 2026
Work Permits & Foreign Worker Rules
New Work Permit Rules for Foreign Founders & Professionals
Vietnam has introduced updated rules for foreign workers under Decree No. 393/2026/NĐ-CP, effective from 5 December 2026. The decree defines 18 categories of foreign workers who may be exempt from work permit requirements, subject to the applicable conditions, documentation, and procedures.
Foreign Investors
Certain foreign investors may qualify for work permit exemption if they contribute at least VND 3 billion to a qualifying Vietnamese company. Chairpersons or board members of joint-stock companies may also qualify where the relevant capital threshold is met — subject to eligibility, documentation, and procedures.
Strategic Technology & AI
Exemptions include certain foreign experts in designated strategic technology fields and certain individuals recruited under Vietnam’s national AI workforce development program. Relevant to Da Nang’s focus on AI, semiconductors, digital transformation, and high-tech industries — not every tech professional automatically qualifies.
Research & Education
Certain academics, researchers, professors, associate professors, and highly qualified professionals may qualify, subject to the applicable conditions.
Other Exempt Categories
Certain volunteers, accredited journalists, students, interns, and foreign workers covered by international agreements may also qualify. Some exempt workers still need an official exemption certificate; others must notify the relevant authorities.
Application & Documentation
Standard work permits: employers generally apply at least 10 working days and no more than 60 days before the start date; authorities generally process complete files within 10 working days. Certain exemption certificates may be applied for no more than 60 days ahead. Permits can be valid for up to 2 years, depending on the contract or assignment.
Important
Eligibility depends on the individual’s role, investment structure, qualifications, employer, documentation, and applicable legal conditions. DNIH provides general ecosystem information only and does not provide legal, immigration, tax, accounting, or employment advice. For case-specific support, consult a qualified local professional.
Need Business Setup or Soft-Landing Support?
Innov Da Nang provides business orientation, ecosystem access, and trusted local partner connections. Where legal, immigration, tax, or accounting support is required, clients can be connected with qualified local professionals.
Legal reference: Decree No. 393/2026/NĐ-CP · Effective: 5 December 2026
Da Nang Startup & Innovation Incentives — 2026
Foreign ownership does not automatically exclude a company
A foreign-owned company or joint venture with its head office in Da Nang may potentially qualify for selected startup, AI, semiconductor, workspace, IP, sandbox, and tax-incentive programs, depending on the specific activity and eligibility criteria.
Up to VND 2bn
Per qualifying startup project
Up to 100m²
Free workspace for qualifying startups
Up to VND 60m
Qualifying international IP filings
Up to VND 120m/year
Qualifying international competitions
Rent support for qualifying science-and-technology infrastructure
Regulatory sandbox for qualifying innovative solutions
Additional AI, semiconductor, and strategic-technology programs
Tax exemptions for qualifying activities under the applicable framework
Potential 5-Year Da Nang Tax Exemptions
Qualifying innovative startups, AI and semiconductor companies, selected startup-support activities, eligible experts and workers, and certain investment transfers may qualify for exemptions for up to 5 years. Incorporation alone does not create the exemption.
Eligibility must be confirmed with DOST and the relevant tax authority.
Sandbox means permission to test
The regulatory sandbox is not funding and does not provide unrestricted commercial-sale rights. Approval and continuing compliance remain subject to the applicable program.
Da Nang’s Role in Vietnam’s International Financial Centre
Innovation, digital finance, sustainable finance, and controlled testing of new financial models.
Vietnam’s International Financial Centre (VIFC) is a unified framework operating across Ho Chi Minh City and Da Nang. Decree No. 323/2025/ND-CP establishes one legal entity with uniform operating rules and licensing criteria at both locations. The two cities are designed to play complementary roles, not compete.
Ho Chi Minh City
Oriented toward broader financial-market scale and a comprehensive, diversified ecosystem of traditional and sophisticated financial services.
Da Nang
An emerging, differentiated location oriented toward innovation, digital technology, fintech, sustainable finance, and controlled testing of new financial models—not an already mature financial hub.
Digital finance & new models
Da Nang’s orientation includes digital assets, digital payments, trading platforms, specialised exchanges, supply-chain finance, third-party financial services, non-deposit lending institutions, and flexible, innovative financial products.
Wider VIFC priorities
The national framework also prioritises green and ESG-aligned finance, commodities and derivatives, international trade finance, investment funds, asset management, and professional advisory and support services. These are development priorities, not blanket permission to operate.
Why this matters for founders and technology companies
Understand emerging fintech and digital-finance frameworks.
Connect with a growing ecosystem of talent, universities, technology communities, and startup support.
Explore potential controlled-testing pathways for eligible solutions, subject to regulation and approval.
Consider potential links between finance, technology, trade, and international markets.
An investor perspective
Da Nang’s differentiated VIFC role may create emerging opportunities around fintech, digital finance, sustainable finance, strategic technologies, and new financial models. It is an emerging part of Vietnam’s financial and innovation ecosystem—not a promise of returns, early access, or approved investment opportunities.
Build. Test. Scale.
DNIH’s ecosystem positioning concept—not an official VIFC or government slogan.
01
Build
Startup ecosystem, talent, technology, incentives, and innovation programs.
02
Test
Sandbox mechanisms, controlled experimentation, fintech, and new business models—where eligible and approved.
03
Scale
Potential links with international markets, trade, financial networks, the FTZ, and global partnerships.
VIFC complements the broader direction of regulatory sandboxes, startup incentives, AI and strategic technology, semiconductor ambitions, the Free Trade Zone, digital transformation, and international trade. Together, these initiatives indicate a broader strategic direction toward innovation, technology, finance, and international business. They are not necessarily fully integrated operationally, and each has separate rules and procedures.
Primary reference: VIFC Da Nang’s establishment announcement, 20 December 2025 · Decree No. 323/2025/ND-CP, 18 December 2025.
Da Nang Innovation Hub provides general ecosystem information only and is not a government or VIFC organisation. Participation in the International Financial Centre, regulatory sandbox, financial services, investment activities, or other regulated activities is subject to applicable laws, eligibility requirements, licensing, approval, and official procedures. Membership, sandbox access, investment, and financial benefits are not guaranteed. For legal, tax, financial, licensing, or regulatory advice, consult qualified professionals and relevant authorities. Innov Da Nang provides direct business orientation and soft-landing support, not regulatory approval.
Da Nang Free Trade Zone
Qualifying projects located within the Da Nang Free Trade Zone may potentially access a different and more substantial incentive framework, particularly in high-tech, strategic technology, R&D, innovation centers, startup support, advanced manufacturing, renewable energy, and logistics.
Preferential corporate tax treatment
Land-rent incentives
Import/export advantages
Selected personal income tax benefits
Not every company can locate in the FTZ or receive its incentives. Location, sector, project scale, approvals, and specific eligibility conditions apply.
The FTZ and Da Nang’s VIFC role indicate complementary strategic directions, but have separate eligibility and approval procedures.
This information is provided for general orientation only and does not constitute legal, tax, accounting, immigration, or investment advice. Vietnamese regulations change frequently. Always verify current requirements with qualified Vietnamese professionals and the relevant authorities before making business or investment decisions.
Updated: September 2026
Business Support Through Innov Da Nang
Need Direct Business or Relocation Support?
Da Nang Innovation Hub provides curated information and ecosystem visibility. Direct business setup orientation, soft-landing support, relocation packages, and consulting services are provided through Innov Da Nang.
Start or relocate a business in Da Nang
End-to-end orientation for founders and companies exploring Da Nang.
Business setup orientation
Guidance on the practical steps to set up in Da Nang.
Soft-landing support
Support for arriving founders, executives, and teams.
Talent and hiring preparation
Orientation on hiring and building teams locally.
Local partner introductions
Connections to trusted local service partners.
Executive assistance
Personalized coordination for founders and executives on the ground.
Programs and ecosystem initiatives support the Build Local Talent direction through practical capability, founder readiness, confidence, execution, real-world feedback, and international perspective—not generic classroom learning.
Program delivery, registration, paid services, and direct support are managed through Innov Da Nang or relevant ecosystem partners.
Confirm current program dates, venues and registration with Innov Da Nang.
Innov Youth Lab
About
A learning initiative for students and young talent interested in startup thinking, communication, pitching, business English, AI tools, teamwork, leadership, and multicultural collaboration.
Who it's for
University students, young professionals, and local talent exploring startups and innovation.
Status
Contact Innov Da Nang for current dates and registration.
A founder-readiness initiative for early-stage founders who want to improve startup communication, positioning, pitch preparation, business model thinking, sales, AI tools, and investor conversation readiness.
Who it's for
Early-stage local and international startup founders preparing for partners, mentors, ecosystem opportunities, or investor conversations.
Status
Contact Innov Da Nang for current dates and registration.
A collaboration-readiness initiative for local and international founders interested in building together, improving cross-cultural communication, role alignment, team responsibility, and founder compatibility.
Who it's for
Vietnamese talent, local operators, foreign founders, digital nomads, and global builders exploring co-founder or team-building opportunities.
Status
Contact Innov Da Nang for current dates and registration.
Da Nang Innovation Hub provides information about ecosystem-related programs and initiatives. Direct delivery, registration, consulting, and paid support are handled through Innov Da Nang or relevant program partners.
Preparing for investors?
Alongside Rising Minds and other founder initiatives, understand your strengths and gaps before presenting your startup.
Business, Startup, Innovation, Technology, and Finance Events in Da Nang
A curated view of major local and international events taking place in Da Nang across business, finance, startups, innovation, technology, hospitality, and ecosystem development.
Ecosystem energy
Where founders, investors, and technology builders meet in Da Nang.
Weekly Community Events
Recurring Weekly Events in Da Nang
Practical community gatherings supporting Build Local Talent through peer learning, real-world feedback, stronger relationships, and founder readiness.
Weekly Recurring
Founder Thursdays
A weekly gathering for founders, builders and operators who are actively building and growing something.
A weekly gathering for founders, builders and operators who are actively building and growing something.
Come to:
Share what you’re building, bring your laptop
Get practical feedback from other builders
Meet founders and operators in Da Nang
Find collaborators, connections and new opportunities
How the meetup works
Part 1 — Introductions
Get to know who is in the room and what everyone is working on.
Part 2 — Project Spotlight
This is not a pitch session. Participants share what they’re building, where they are now, and the challenges or questions they want feedback on. Each presentation includes 5 minutes to present + 5 minutes for Q&A and feedback.
Part 3 — Open Networking
Continue the conversations, exchange ideas and connect with people you want to know better.
If you’re already building a company, product, project or venture, this meetup is for you.
Da Nang Business, Finance and Technology Week 2026
7 - 12 July 2026
Furama International Convention Palace & Ariyana International Convention Center, Da Nang
A major business, finance, and technology week featuring policy dialogue, finance, innovation, high-tech, semiconductor, and ecosystem-related activities in Da Nang.
A financial forum focused on Vietnam's financial future, the Vietnam International Financial Centre, capital mobilization, sustainable finance, and ecosystem development.
An annual exhibition and forum focused on technology, innovation, hospitality, tourism, F&B, digital transformation, and service-sector growth in Vietnam.
Da Nang Business, Finance and Technology Week includes multiple related conferences including high-level policy dialogue, Vietnam Financial Forum 2026, and Da Nang Semiconductor and High-Tech Conference 2026.
Ecosystem Directory
Explore Da Nang's Ecosystem
A shared resource for both directions: local builders can discover ecosystem and global connections, while local and international founders can find organizations, communities, universities, service providers, and partners relevant to building in Da Nang.
A connected ecosystem
Founders, investors, universities, communities, and service partners — mapped in one place.
Startup support organizations
Local hubs and organizations supporting founders.
Universities and talent partners
Academic institutions and talent-focused programs.
Technology communities
Developer, AI, Web3, and technology-focused communities.
Investor and finance ecosystem
Investors, funds, and finance-related organizations.
Business service providers
Legal, accounting, HR, and operational service partners.
Coworking and event spaces
Workspaces and venues used across the ecosystem.
Government and public-sector resources
Public-sector references relevant to founders and businesses.
International networks
International founders, mentors, companies, innovation hubs, startup communities, and ecosystem partners connected with Da Nang.
Partners
Ecosystem Partners & Resources
Organizations, communities, and partners connected to Da Nang's business, startup, innovation, technology, and ecosystem landscape.
Featured PartnershipOctober 2026
Strategic Cooperation with DISSC
Connecting Da Nang's Startup Ecosystem with Global Opportunities
In October 2026, INNOV DA NANG CO., LTD., the operating company supporting the Da Nang Innovation Hub ecosystem, signed a Memorandum of Understanding with the Da Nang Innovation Startup Support Center (DISSC) to strengthen international connections for Da Nang's innovation and startup ecosystem.
The cooperation focuses on connecting startups and businesses in Da Nang with international investors, experts, startup support organizations, and market opportunities.
strengthening international startup and investor networks
connecting local startups with investors, experts, mentors, and relevant international organizations
expanding international participation in major Da Nang innovation programs and events
supporting founder training, mentoring, expert networking, and information exchange
strengthening startup ecosystem links with international cities and innovation communities
supporting local startups and businesses in accessing international markets
promoting Da Nang's innovation, startup, investment, and business opportunities internationally
International ecosystem connections. A particular focus of the cooperation is strengthening connections between Da Nang and international startup ecosystems, including Fukuoka in Japan and Chiang Mai in Thailand, with the goal of supporting startup exchanges, international collaboration, investor connections, and market access.
The cooperation also includes exploring ways to increase international participation in major Da Nang innovation programs such as SURF and DAVAS.
This cooperation supports the broader mission of connecting Da Nang's local founders, startups, talent, and businesses with international experience, networks, markets, and opportunities. Building local capability. Connecting global opportunity.
DISSC is the public startup and innovation support institution. INNOV DA NANG is the company that signed the Memorandum of Understanding. Da Nang Innovation Hub is the independent ecosystem platform and portal, and is not a signatory to the agreement.
Meet Trusted Partners
Meet Trusted Partners behind Da Nang Innovation Hub
A dedicated team of ecosystem builders, founders, and connectors driving the Hub forward.
Dimitris Tselios
DANANGINNOVATIONHUB.COM FOUNDER | Leadership & Business Strategist | CEO of TELOM AI | Founder Nomad365 | Founder of Remote Work International | Co-Founder of Da Nang Nomad Fest | Co-founder of Athens Nomad Fest
Founder & CEO of AlphaTrue (Basal Pay) | Chairman of the Fintech Application Committee, Vietnam Blockchain and Digital Assets Association (VBA) | Digital Asset Expert — AML/CFT-compliant stablecoin payment infrastructure & crypto-asset transaction tracing
AI Solution & Implementation Manager at Cipher Projects
AI/ML Researcher in Quantum AI & Biocomputing at Advanced Institute of Science and Technology
AI Security & CCSS Cryptocurrency Security Standard Advisory Committee at C4 Consortium
Venture Builder | Founder & Investor
Co-Founder & CEO of TripC.AI ($100K ARR) & Avoca AI ($50K ARR)
Founder of AI So Easy (50k+ sub)
Ex Co-Founder of Selly ($2.3M Raised)
Ex Shopee (Sea Group)
Find answers to common questions about Da Nang Innovation Hub, our purpose, events, partnerships, and how to get involved.
Contact
Contact Us
Get in touch with Da Nang Innovation Hub. Whether you are a founder, investor, university, sponsor, event partner, or ecosystem collaborator — this is the single contact form for all inquiries.
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