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Update news vietnam smartphone market
Just one day after its official launch in Vietnam, Apple's foldable iPhone Duo is being resold for up to VND80 million ($3,050), as limited initial supplies drive premiums of up to VND31 million ($1,180) on higher-storage models.
From beauty queens and actors to loyal Apple customers, Vietnamese buyers rushed to collect the new iPhone Duo on October 23, saying the opportunity to experience Apple's first foldable smartphone mattered more than its premium price.
Scarcity of Apple's new foldable iPhone Duo has sparked a resale market in Vietnam, where early pre-order slots are being offered at premiums of up to VND19 million (US$720) as buyers compete to secure the device ahead of its official delivery.
Vietnam's smartphone market is seeing steep discounts this October, with several models priced between VND10 million and VND20 million marked down by as much as 40%, giving buyers more affordable access to premium devices.
Vietnam's budget smartphone market is seeing aggressive price cuts in October 2026, putting 8GB of RAM, 256GB of storage, 120Hz displays and even 7,000mAh batteries within reach of buyers spending around VND5 million ($190).
Apple's first foldable iPhone has intensified competition in Vietnam's premium foldable market, where established Android rivals are challenging it on price, design, cameras and charging technology.