Da Nang – The Smart Choice for Technology Investment in the Digital Era

As the Fourth Industrial Revolution continues to reshape the global economic landscape, choosing the right location for investment and business development has become a crucial factor in the success of technology enterprises. While many companies still focus their attention on Hanoi and Ho Chi Minh City, Da Nang – the most dynamic centrally governed city in Central Vietnam – is quietly emerging as a promising destination for tech investment. Beyond mere promises, Da Nang has demonstrated its determination and vision through concrete actions and a long-term development strategy.

1. Why Da Nang is the Top Choice for Tech Enterprises

Unlike spontaneous urban growth, Da Nang has outlined a clear roadmap to become the digital technology and smart finance hub of the Central Highlands region. This vision is far from a distant dream; it is backed by an ambitious goal: to rival Asia’s top technology centers by 2045. (Source: startupdanang.vn)

What sets Da Nang apart is that this transformation is not just a vision on paper. The city has been steadily translating its strategic vision into reality through targeted investment projects, practical policy support, and a thriving innovation ecosystem. This consistent approach has earned strong trust from tech investors and businesses.

2. World-Class Technology Infrastructure

To understand why Da Nang is attracting increasing interest from tech enterprises, one must examine the foundational infrastructure that the city has built — a key determinant of competitiveness and investment appeal for any tech hub.

Da Nang Hi-Tech Park – A Strong Foundation for Innovation

The standout infrastructure project is the Da Nang Hi-Tech Park, a large-scale initiative that has proven its appeal through impressive numbers. To date, the park has attracted 29 investment projects with total registered capital exceeding USD 1.038 billion. Notably, foreign direct investment (FDI) accounts for a significant portion, with over USD 702 million committed as of 2023. (Source: baodautu.vn)

What truly differentiates the Hi-Tech Park is not just the size of investment but its strategic focus. The park is dedicated to cutting-edge fields including microelectronics and semiconductors — the backbone of the digital era — automation technologies aligned with Industry 4.0 trends, ICT for digital transformation, and biotechnology and optoelectronics — sectors experiencing global breakthroughs.

Da Nang IT Park – The “Silicon Valley” of Central Vietnam

In parallel, Da Nang is developing another ambitious project: the 341-hectare Da Nang IT Park. Dubbed a “miniature Silicon Valley” of Central Vietnam, the project reflects the city’s ambition to establish a complete tech ecosystem.

Development has been methodical and strategic. Phase 1, spanning 131 hectares with an investment of USD 47 million, has been completed, providing a modern workspace for hundreds of tech enterprises. Phase 2 will add 210 hectares and another USD 74 million in investment. (Source: thanhnien.vn)

Once completed, Da Nang IT Park is expected to become a world-class working environment, enabling thousands of tech companies to grow and scale effectively.

3. Unmissable Investment Incentives

Modern infrastructure is only part of the equation. What truly fuels Da Nang’s appeal is its highly attractive investment incentive package, designed to lower operational costs and accelerate business growth.

Outstanding Corporate Income Tax Incentives

The most compelling component is the favorable corporate income tax regime for companies investing in the Hi-Tech Park. Specifically, businesses enjoy a 4-year tax holiday — a substantial runway for establishing operations and securing market presence.

Following the tax-free period, enterprises benefit from a 50% tax reduction for the next nine years, maintaining a competitive edge during scaling. For large-scale or strategically significant projects, a preferential tax rate of just 10% may be applied for up to 15–30 years, depending on project scope and nature. (Source: danangtv.vn)

Comprehensive Support for Land and Equipment

In addition to tax incentives, Da Nang offers broad support to help businesses reduce initial investment costs. For starters, land lease fees are waived or significantly reduced — a major advantage for startups and early-stage tech companies.

To encourage investment in high-tech equipment, the city also provides import tax exemptions for cutting-edge machinery, allowing companies to access advanced technologies at reasonable costs and boost their competitiveness.

Moreover, Da Nang simplifies immigration and residency procedures for foreign experts and their families — a critical factor for international tech firms and domestic companies seeking foreign talent. (Source: danangtv.vn)

4. A Vibrant, Connected Startup Ecosystem

No tech center is complete without a dynamic startup ecosystem. Recognizing this, Da Nang has heavily invested in supporting the growth of startups and early-stage tech ventures.

Professional Startup Support Centers

At the heart of Da Nang’s startup ecosystem are the Da Nang Innovation Startup Support Center (DISSC) and DNES — two professionally funded and operated tech incubators. These centers offer more than just co-working spaces; they provide a holistic support system for startups.

Early-stage startups receive free working space to ease financial pressure during their most challenging period. More importantly, these centers serve as vital bridges connecting startups with reputable domestic and international investors, unlocking access to growth capital.

DISSC and DNES focus on helping startups in high-potential fields such as Artificial Intelligence (AI), blockchain, fintech, and social impact ventures. They also provide in-depth guidance on building sustainable business models — helping founders navigate their development journey with clarity. (Source: chinhsachcuocsong.vnanet.vn)

Global-Scale Tech Events

To raise its international profile and foster connections, Da Nang regularly hosts major technology events. Among the most prominent are Super Vietnam 2025 and DAVAS 2025, which attract thousands of local and international startups.

These events serve as vital platforms for networking between startups, angel investors, and reputable venture capital (VC) firms. They also feature leading global tech experts, providing invaluable learning and collaboration opportunities for the local startup community.

Through these initiatives, Da Nang not only elevates its position on the global tech map but also creates tangible business and investment opportunities. (Source: vnexpress.net)

5. Strategic Project: Semiconductor Fab-Lab

While many cities are still in the planning phase, Da Nang has taken concrete action with major investment projects — most notably the Semiconductor Fab-Lab, a clear testament to the city’s forward-thinking vision.

A Breakthrough in the Semiconductor Industry

July 28, 2025, marks a historic milestone for Da Nang’s tech development as the city officially launched its Semiconductor Packaging Fab-Lab project, with a total investment of VND 1.8 trillion.

Located in the Second Digital Software Park, the site was strategically chosen to optimize investment efficiency. More than just a production facility, the Fab-Lab aims to build a complete semiconductor ecosystem — an essential pillar for emerging technologies.

Significantly, the Fab-Lab will directly support the development of groundbreaking technologies such as AI, IoT, and autonomous vehicles — the driving forces behind the global tech revolution. Da Nang’s investment in semiconductors is a strategic move, ensuring the city not only keeps pace but also leads the global tech race.

Massive Growth Potential

According to the announced plan, the Fab-Lab is scheduled to be completed and operational by Q4 of 2026, with a projected capacity of 10 million products annually to meet the rising tech demand domestically and regionally.

Beyond technology, the project also offers tremendous social value by creating thousands of high-quality jobs for the local workforce and attracting top semiconductor talent to Da Nang, thereby elevating the city’s human capital. (Source: vnexpress.net)

6. High-Quality Talent and Competitive Costs

A key success factor for any tech hub is its talent pool. Da Nang has taken deliberate steps to build a robust, high-quality tech workforce.

Strong Education-Industry Collaboration

Da Nang’s strength lies in the close collaboration between high-tech zones and the city’s university system — notably with Da Nang University of Science and Technology, one of the region’s top engineering schools, and the Vietnam-Korea University of Information and Communication Technology, which trains IT talent to international standards.

This model ensures that university curricula are aligned with business needs while providing a steady pipeline of skilled talent. Students are exposed to cutting-edge technologies early and have internship and career opportunities with leading enterprises.

Cost-Effective Operations

Compared to Hanoi and Ho Chi Minh City, Da Nang offers significantly lower operating costs — from competitive labor costs to affordable office space and reasonable living expenses.

This cost advantage translates into direct benefits: reduced staffing and infrastructure expenses, higher profit margins, and improved competitiveness. Moreover, a lower cost of living makes it easier to attract and retain top talent, fostering a stable and committed workforce.

7. A High-Quality Living Environment That Attracts Talent

In today’s world, quality of life is a top priority for tech professionals when choosing where to live and work. Da Nang excels in providing an ideal environment for tech talent.

One of Vietnam’s Most Livable Cities

Beyond its tech potential, Da Nang is widely recognized as one of Vietnam’s most livable cities. Its mild year-round climate supports both work and leisure, free from extreme heat or harsh winters.

Internationally renowned beaches make it an ideal place for relaxation, while modern transport infrastructure — including an international airport, major seaport, and well-planned roads — ensures seamless connectivity to other economic centers.

High-quality healthcare and education services further reinforce Da Nang’s appeal as a long-term residence for tech professionals and their families.

Work-Life Balance for Tech Professionals

A major challenge for tech workers today is balancing high-pressure jobs with quality of life. Da Nang offers a perfect solution with its friendly environment and vibrant tourism sector.

After work, professionals can relax on pristine beaches, explore historical and cultural sites, or enjoy the city’s rich culinary scene. This work-life harmony not only enhances productivity but also builds long-term loyalty between employees and companies, reducing the risk of brain drain — a common issue in the tech sector.

Conclusion: Da Nang – A Smart Investment for the Future

After a comprehensive analysis, it’s clear that Da Nang offers all the right conditions to become the most attractive destination for technology companies and startups in the near future.

 ✅ First, the city boasts large-scale, world-class infrastructure with the Hi-Tech Park and IT Park, providing a solid foundation for tech business development.
 ✅ Second, strong investment incentives in taxes, land, and foreign talent support help minimize costs and facilitate rapid growth.
 ✅ Third, a vibrant startup ecosystem with strong ties to capital and international partners fosters innovation and long-term sustainability.
 ✅ Fourth, strategic investment in the semiconductor industry via the Fab-Lab project highlights the city’s foresight in responding to global tech trends.
 ✅ Finally, a combination of high-quality talent, competitive operational costs, and an outstanding living environment gives businesses a long-term competitive edge.

With a clear vision and well-executed strategies, Da Nang is not just a smart choice for today — it’s a future-proof investment for tech companies looking to scale sustainably in the digital era.

Now is the golden time for technology firms and startups to seriously consider Da Nang as their next destination for investment and business expansion — before this opportunity becomes harder to seize.