Most authorized resellers say that the opening of Apple’s online store in Vietnam won’t affect their business, but will make it easier for customers to choose products.

It is hard for Apple’s new online store in Viet Nam to compete with local retailers due to its uncompetitive prices, several of them said.

Apple is scheduled to officially open an online store, the first of its kind in Vietnam, on May 18.

When accessing the App Store on March 6 local iPhone users were able to see a list of applications with the title of "Made by Vietnamese women”.

AirPods maker GoerTek Inc. is investing an initial US$280 million in a new Viet Nam plant, Deputy Chairman Kazuyoshi Yoshinaga said in an interview with Bloomberg.

Instead of adjusting prices of iPhone 14 in June as it did with iPhone generations in previous years, Apple has unexpectedly lowered the selling prices of the model.

On the first working day after the 2023 Lunar New Year, foreign suppliers such as Facebook, Google and Apple declared and paid taxes worth US$76.7 million.

Chinese display maker BOE Technology Group Co Ltd, a supplier of both Apple Inc and Samsung Electronics Co Ltd, has a plan to invest a substantial sum to build two factories in Vietnam.

Apple plans to move some MacBook production to Vietnam for the first time next year as the US tech group continues diversifying its production base, Nikkei Asia has reported.

iPhone accounted for 20.5 percent of market share in Vietnam in October 2022, according to GfK.

Samsung and Oppo combined comprise half of the Vietnamese smartphone market, according to IDC.

Huawei was among the leading smartwatch manufacturers in Vietnam in Q2/2022, accounting for 18 percent of the market, thanks to its strategy focusing on affordable products.

Retailers have confirmed that they will begin selling iPhone 14 at midnight on October 14. Many people are planning to queue up at that time.

The number of Apple manufacturing partners setting up their factories in Vietnam has increased to 25 at present, four more than the 2020 figure, the tech giant said in its list of supply partners for the fiscal year 2021.

JPMorgan analyst expects 20 percent of iPad, 5 percent of MacBook, 20 percent of Apple Watch and 65 percent of AirPods production to be located in Vietnam in 2025.

The Apple Watch has entered mass production in the nation, with Apple Watch 8's shipment proportion from the country set to grow sharply to between 60% and 70%, according to details given by Ming-Chi Kuo, an analyst at TF International Securities.

Foxconn Group plans to invest more than US$300 million in a new project in Bac Giang Province and employ over 30,000 local workers.

According to VietNamNet's sources, the launch time of Apple's iPhone 14 in Vietnam will be much earlier than in previous years.

Apple is in talks to make Apple Watches and MacBooks in Vietnam for the first time as the US tech giant looks to diversify production away from China, Nikkei Asia reported.

Vietnam, together with Brazil, Indonesia and India that are emerging markets, have made practical contributions to Apple’s group’s outstanding performance in the second quarter of this year, said CEO Tim Cook.