Korean-invested dental device maker ICT Vina earns $10 mln revenue in 2023
Danang based ICT Vina Co., wholly owned by South Korean dental device maker Dentium Co., Ltd., earned revenues of $10 million last year, executives informed municipal leaders Friday.
Danang Vice Chairman Le Quang Nam lauded the firm’s performance and promised to further facilitate its operations.
Danang Vice Chairman Le Quang Nam (third right) meets with ICT Vina executives in the central Vietnam city, February 16, 2024. Photo courtesy of Danang newspaper.
ICT Vina researches and produces around 10 million high-tech products each year that serve specific dental services like CT scanners, CAD/CAM scanners, dental grinding motors, dental implants and dental chairs.
Construction of ICT Vina’s 2-hectare plant in Danang’s high-tech park began in 2018 with an investment of $20 million. It is Dentium’s first facility in Southeast Asia.
The firm plans to increase its investment in the city to $277 million in a second phase, the Danang Hi-Tech Park and Industrial Zones Authority (DHPIZA) said at the Friday meeting with municipal authorities.
Founded in 2000 and headquartered in Seoul, Dentium manufactures dental supplies and equipment. Its products include dental implants, surgical instruments, regeneration materials and computerized tomography scan.
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