Specifically reserved for iOS users, with the use of international payment cards and POS machines for payment, Apple Pay won’t have a big influence on the domestic e-wallet market, experts say.

Popular mobile payment service Apple Pay officially debuted in Vietnam on August 8.

Apple Pay, the popular mobile payment service from the American tech giant, is soon to make its debut in Vietnam.

Tech giant Apple’s extensive supply chain in China continues to undergo changes following a major contractor recently setting up a new plant in Vietnam, according to South China Morning Post (SCMP).

The latest introduction of a standardised framework by Apple’s online store in Vietnam is likely to redefine the competitive landscape, creating a level playing field for retailers and raising the expectations of customers.

Many iPhone users are upset with Apple authorised service providers (AASP) in Vietnam after their phones warranties were not honoured.

Apple launched an online store in Viet Nam on May 18 in another nod to the growing importance of emerging markets for the iPhone maker, told CNN in its recent article.

Apple removed more than 8,000 apps of Vietnamese origin from the App Store in 2022, citing the first transparency report published by Apple related to the app store.

The emergence of several Asian markets such as Vietnam, India and Indonesia offer a ‘golden opportunity’ for Apple, according to the US cable news network CNN.

Vietnamese can now buy iPhones and iPads and other devices directly from an online Apple store which opened officially on May 18.

Vietnamese digital payment firm MoMo on May 18 announced that it now provides customers of Apple Store Online in Vietnam with flexible payment options with the launch of monthly installments.

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.