The city’s Department of Science and Technology said the Da Nang Innovation Startup Support Center signed a Memorandum of Understanding (MoU) on new materials technology with a Japanese partner, Universal Materials Incubator Co., a venture capital firm in chemicals, technology and early-stage materials.
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A signing ceremony between the Da Nang City Innovation Startup Support Center and Japan's Universal Materials Incubator Co. (Photo: Da Nang City Innovation Startup Support Center) |
The two partners agreed to promote technological exchanges and partnership in start-up innovation, building links between universities, institutes and investors on both sides.
Da Nang and the authorities of Kanagawa prefecture and Kawasaki have been developing close friendships and cultural exchanges for years.
The city, which has hosted the Kanagawa Festival since 2023, has signed cooperation deals with Yokohama, Kawasaki, Nagasaki, Kisarazu, Kinokawa and Sakai, and established ties with 20 other Japanese cities including Mitsuke, Kagoshima, Okayama, Kobe, Yaizu, Fukuoka and Ohtahara.
Da Nang-based Dong A University is seen as the only workforce training center for the Japanese market in Viet Nam.
Japanese investment ranks among the top sources of foreign direct investment in the city, with 301 projects, of which 69 are high-tech industries worth 1.22 billion USD, while creating 50,000 jobs for local employees.
Da Nang city’s Department of Education and Training, in cooperation with the Japanese Consulate General Office in Da Nang, has also launched two Japanese language study classes at Nguyen Luong Bang junior high school in 2026-2030.
Source: VNA