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Wayne noted that produc-
tion costs in Vietnam are not
lower than in China but are
driven by the desire to diversify
geopolitical risks and reduce
tariffs. The factory will focus on
entry-level to mid-range products
while maintaining a focus on
cost advantages and professional
manufacturing.
DDK
DDK Chairman Richard ▲DDK Group Chairman Richard Tsai, also ▲DDK GM Jack Tsai points out that DDK has
Tsai recalled the early days of
investing in Vietnam over 20
years ago, when communication
barriers and unfamiliarity with
the local environment made it
challenging. However, with the
help of Taiwanese partners, they
overcame these hurdles together.
the current president of the Vietnam Taiwanese been deeply rooted in Vietnam for over 20 years,
Business Association. establishing a strong supply chain while actively
working on carbon reduction.
General Manager Jack Tsai emphasized that DDK
has always adhered to a management philosophy of “in-
tegrity, responsibility, innovation, and teamwork”, build-
ing its own supply chain in Vietnam, focusing on R&D
and self-manufacturing, and reducing carbon emissions.
DDK is one of the first companies to install solar pan-
els and actively implement energy-saving systems. The
company has successfully created its own bicycle saddle
industrial park in Vietnam with stable personnel, low
costs, and low carbon emissions, making it a leader in
price, service, and quality.
38 Bike & E-Bike Market Update 2025
