At many retail chains in Vietnam, the price of iPhone 11 is about VND 10.5 million ($455) for the 64GB version, and about VND 11.9 million ($515) for the 128GB version.

In the US market, the price of the standard iPhone 11 is currently at $499 for the 64GB version, and $549 for the 128GB version. In another market with relatively cheap iPhone prices – Japan - the prices of these two versions are 61,800 and 67,800 JPY, respectively, equivalent to those in Vietnam.

Meanwhile, the price for the iPhone 12 in Vietnam currently stands at about VND 15.1 million ($655) for the 64GB version compared to $699 in the US. The only market where the iPhone 12 is cheaper than in Vietnam is Japan, where it is 86,800 JPY ($645).

Vietnam now has the  price of the iPhone 11 and iPhone 12 among the cheapest worldwide, on par with the US, Canada and Japan.

Meanwhile, India has the highest iPhone prices in the world, with $645 for the iPhone 11 64GB and $855 for the iPhone 12 64GB version.

The prices for later models such as the iPhone 12 Pro and iPhone 12 Pro Max or the iPhone 13 series were also reduced in June, to "clear the way" for the launch of the iPhone 14 Series, according to some sources.

Currently, the price of the latest iPhone model - the iPhone 13 Pro Max - is offered by dealers for about VND 25.7 million ($1,120) for the lowest 128GB memory version, on par with the US, more expensive than Japan by about $127.

Le Ha