Velo opens production facility in Vietnam

Velo opens production facility in Vietnam

Velo started operations in their new Vietnam factory in October 2022. Located in Protrade Industrial Park just 20km from Ho Chi Minh City, this area is close to numerous bike related companies. The brand new 280,000 square metre facility has the capability to produce a full range of Velo products, including saddles and grips.

Located in the heart of Southeast Asia, Vietnam was the optimal location for Velo to serve the region. Its proximity to other major Southeast Asian markets like Thailand, Indonesia, and Malaysia made it an ideal manufacturing hub for an improved supply chain to customers and assembly facilities. “By opening Velo Vietnam, our fifth production facility, we are trying to shorten the supply chain and service our South East Asia customers better,” said Ann Chen, VP of Velo.

Bicycle industry in Vietnam

The bicycle industry in Vietnam has been growing steadily over the years. Vietnam is one of the largest producers and exporters of bicycles in the world, with a rapidly expanding domestic market. The industry began to develop in the 1990s, when Vietnam began to open up its economy and attract foreign investment. Today, there are numerous bicycle manufacturing and assembly companies in the country, employing over half a million workers.

Velo Vietnam is major player in global market

The majority of the bicycles produced in Vietnam are exported to other countries, particularly the United States and European countries. Vietnam’s bicycle industry is known for its high-quality products at competitive prices. This has helped it to become a major player in the global market.

Velo Vietnam focuses on sustainability

Velo Vietnam provides its customers with top notch products that are not only thoughtful and innovative, but also environmentally sustainable. By focusing on both quality and sustainability, Velo Vietnam is positioning itself as a responsible and forward-thinking company. We can deliver value to its customers while also contributing to a more sustainable future.

Customers are top priority

“At Velo, our customers are our top priority and we value them greatly. We understand that our customers have many options when it comes to choosing a supplier, and we feel honored that they have chosen us. From providing personalised attention to addressing their needs promptly and professionally, we make it our mission to create a positive experience for each and every customer. We believe that our commitment to exceptional customer service sets us apart from our competitors and helps us build long-lasting relationships with our valued customers,” said Ann Chen.

“Customers are increasingly aware of the impact their choices have on the environment, and they are looking for products that reflect their values. By choosing Velo Vietnam’s products, customers can feel good about the positive impact they are making on the environment.”

Over 3500,000 saddles per year

Velo Vietnam has invested in modern and efficient machinery to produce a full range of products. The use of multi-density injection machines, highly efficient pouring machines, and inverter compressors are all positive steps towards improving the quality of our products. The new facility has the capability to output over 3500,000 saddles per year.

Key partner

The bicycle industry in Vietnam continues to grow in the coming years. This is due to rising demand for bicycles both domestically and internationally. The government has also been promoting the development of the industry through various policies and incentives, such as RCEP and ASEAN declarations. Velo looks forward to serve as a key partner in the growth of the bicycle industry in Vietnam.

This article was sponsored by Velo