return icon Vietnamnet.vn

iPhone X, iPhone 8 prices drop sharply in Vietnam

VietNamNet Bridge - The next-generation iPhones have not yet reached the market, but iPhone X and iPhone 8 have seen prices tumble. Surprisingly, the prices of previous-generation iPhones are on the rise.
VietNamNet Bridge - The next-generation iPhones have not yet reached the market, but iPhone X and iPhone 8 have seen prices tumble. Surprisingly, the prices of previous-generation iPhones are on the rise.


{keywords}

iPhone X, iPhone 8/8Plus have seen prices tumble



The iPhone X and iPhone 8/8 Plus have seen prices drop sharply just after one year of launch. Private shops have slashed the prices of iPhone X brought to Vietnam across border gates by VND500,000-1.5 million compared with one month ago. 

An iPhone X 64 GB and 256 GB sourced from the US and Hong Kong are now selling at VND23 million and VND24.95 million, respectively. Gray products are cheaper by VND500,000 than white, with the same memory capacity. 

Refurbished iPhones, which appeared in Vietnam one month ago, have also seen the prices drop by VND1.6 million from VND22.5 million to VND21.9 million for the 64 GB version. Used iPhone X have begun appearing at private shops.

The iPhone X and iPhone 8/8 Plus have seen prices drop sharply just after one year of launch. Private shops have slashed the prices of iPhone X brought to Vietnam across border gates by VND500,000-1.5 million compared with one month ago. 

iPhone X officially distributed by authorized resellers in Vietnam have real selling prices lower than the quoted prices. 

iPhone X 64 GB and 256 GB have quoted prices at VND29.99 million and VND34.79 million, respectively, while the real selling prices are VND2-3 million lower. 

If customers buy products online, they would get the discount of VND1 million. Genuine iPhone X in Vietnam is now sold at VND24-25 million, or 20 percent lower than the prices announced by Apple.

Van, the representative of a retail chain with sale points in Hanoi and HCMC, commented that this year’s iPhone sale season came earlier than usual.

In general, the prices of previous-generation iPhone will begin going down only when the next-generation products hit the market. 

Meanwhile, the prices have decreased sharply though iPhone 2018 will be available in the market only in two months.

An analyst commented that the slow sales forced dealers to lower the selling prices to stimulate demand. The initially set prices of iPhone X were high, which discourage even the most loyal fans. The starting price of iPhone X in Vietnam was VND30 million for the 64 GB version, or half as much as iPhone 7 and iPhone 7 Plus.

Not only iPhone X, iPhone 8 and iPhone 8 Plus are also decreasing in prices. iPhone 8 64 GB are available at private shops at VND15.5 million, lower than the quoted price of $699 in the US, while iPhone 8 Plus at VND19 million.

Despite the sharp price falls, analysts believe that it is not the right time to buy iPhone X and iPhone 8/8 Plus. Sources said Apple would launch 3 new iPhone models in September. Therefore, the prices of iPhone X would continue to decrease.


RELATED NEWS

Locked iPhone X in Vietnam priced below $1,000

iPhone market chaotic as Apple cracks down on fake phones


Thanh Mai

MORE NEWS

Labour export to South Korea temporarily halted for eight localities

The Ministry of Labour, Invalids and Social Affairs (MoLISA) has announced that the labour migration programme with South Korea will be temporarily suspended for eight districts, towns and cities.

VN central bank resumes bill issue channel to net withdraw money

The State Bank of Vietnam (SBV) has used the bill issue channel again to net withdraw money out of the banking system for the first time since June 2020.

Extended excise tax deadline does not affect car prices: experts

Decree No.32/2022/NĐ-CP issued recently by the Government, which extends the tax payment deadline for payable excise tax, will not directly affect domestic car prices, according to industry insiders.

Vietnam urgently fighting against climate change

Climate change (CC) in Vietnam is increasingly complicated, with more extreme and severe disasters happening (heat waves, heavy rains, storms, tropical depressions).

Tan Son Nhat to be part of airport urban development project

Ho Chi Minh City aims to develop Tan Son Nhat Airport urban area with commercial and service streets associated with transportation.

Businesses urged to adopt green production to avoid high taxes

If businesses don’t reduce carbon emissions, their exports to the EU will face a new kind of tax, which would make products more expensive, thereby affecting their competitiveness in the market.

Ministry asks for detailed reports on health worker resignations

The Ministry of Health has just asked health departments in localities to report on the rising number of resignations among health workers.

Investment ready for Hanoi's relic restoration

Hanoi's recent decision to mobilise vast financial sources to protect its heritage sites is promising to blow a new breath of life into hundreds of historical and cultural monuments after many years of effort without success.

Plantations dreaming of FSC status for rubber products

Vietnam’s rubber industry is struggling to meet the criteria set by the Forest Stewardship Council (FSC), especially those related to the requirement of having at least 10 per cent of a conservation area.

Ho Chi Minh City needs to attract more talents to public sector

Ho Chi Minh City's policy of attracting talents to the public sector has not been effective in recent years, experts say.

Vietnam anticipates stronger investment from US and Europe

The country is projected to attract greater investment from the United States, Europe, and other major global enterprises under a recently approved strategy on foreign investment co-operation.

Bribes at Consular Department amounted to hundreds of thousands of USD

The amount of money in the case of giving and receiving bribes at the Consular Department (Ministry of Foreign Affairs) is up to hundreds of thousands of US dollars.

VIETNAM BUSINESS NEWS JULY 3

Thaco subsidiary exports car seat covers to RoK

Da Nang strives to develop itself into ‘liveable’ city

With stable growth in the economy, infrastructure, urban management, tourism and investment attraction, the central city of Da Nang is challenging to develop into a ‘liveable’ city of regional and global status.

Vietnam to replant 107,000ha of coffee by 2025

Vietnam aims to replant or transplant about 107,000ha of coffee in the 2021 – 2025 period, according to the Ministry of Agriculture and Rural Development (MARD).
back_to_top