Apple retailers asked to report on distributors’ forced bundle sales of iPhones

By Tri Duc
Sat, February 4, 2023 | 3:28 pm GMT+7

The Vietnam Competition and Consumer Authority has requested Apple Authorized Resellers (AARs) to report on their distributors’ “forced bundle sales” of iPhones.

Shoppers wait for the official launch of iPhone sales in Ho Chi Minh City at midnight of October 22, 2021. Photo courtesy of CafeF.

Shoppers wait for the official launch of iPhone sales in Ho Chi Minh City at midnight of October 22, 2021. Photo courtesy of CafeF.

Some AARs said that amid the shortage of the iPhone 14 in Vietnam, they have had to import other Apple products in bundling packages. These associated items include AirPods, Apple Watch smartwatches, Apple Pencil accessories, Magic House, and MacBook Air M1.

An AAR who asked not to be named said in order to have 10 iPhone 14 Pro and Pro Max, it had to import 200 AirPods, 100 Apple Watches, 50 Apple Pencils, and other items in the same deal.

Another AAR complained it had to buy a massive number of MacBooks without any feasible sale plans.

The authority (VCCA), under Vietnam's Ministry of Industry and Trade, asked AARs to clarify on the ratio of non-iPhone items in their deals, details of bundle sales, possible negative impacts, and others.

Apple products in Vietnam are delivered to retailers by four major firms - Viettel, FPT Retail, Digiworld, and Petrosetco.

The iPhone is among the most popular smartphones in Vietnam. According to a Ministry of Industry and Trade report for 2021, Vietnam spent $3.17 billion on importing phones that year, up 70.8% year-on-year, including $1.23 billion on iPhones, up 159.58%, leading the list.

The second highest was Samsung with $863.3 million, up 66.67%. Other top brands included OPPO with $426.12 million, Xiaomi with $273.18 million, and Vivo with $206.73 million.

However, in terms of device sales, Samsung topped the list with 5.3 million phones, or 33.3% of the market share in 2021, according to a report by market researcher International Data Corporation. Other top brands were OPPO with 17.5%, Xiaomi with 12.7%, Vivo with 11.7%, and Apple with 8.9%.

IDC Vietnam attributed the results to Apple being a luxury brand while Samsung and others offered a variety of products.

Comments (0)
  • Read More
Listing, state capital divestment “blockbusters” catalysts for Vietnam's stock market

Listing, state capital divestment “blockbusters” catalysts for Vietnam's stock market

As Vietnam’s stock market enters an information lull following Q1 earnings releases and AGMs, recent news about major listing and state capital divestment plans are expected to be significant catalysts for the country's benchmark VN-Index.

Finance - Wed, May 7, 2025 | 8:17 am GMT+7

Construction of first locally-owned semiconductor factory begins in Vietnam

Construction of first locally-owned semiconductor factory begins in Vietnam

CT Semiconductor, a subsidiary of CT Group, has begun the second phase of construction on what is set to become Vietnam’s first semiconductor chip factory fully owned by a domestic company.

Southeast Asia - Tue, May 6, 2025 | 10:50 pm GMT+7

Japanese retailers step up business activities in Vietnam

Japanese retailers step up business activities in Vietnam

Japanese retailers Aeon and Sumitomo have planned to expand their networks in Vietnam, Nikkei Asia reported on Monday.

Southeast Asia - Tue, May 6, 2025 | 10:39 pm GMT+7

Vietnam's budget carrier Vietjet sees 24% profit hike in Q1 on int’l growth surge

Vietnam's budget carrier Vietjet sees 24% profit hike in Q1 on int’l growth surge

Vietjet Aviation JSC (HoSE: VJC) reported a 24% year-over-year increase in consolidated profit for Q1, driven by strong international expansion and operational excellence, reinforcing its leadership in regional connectivity.

Southeast Asia - Tue, May 6, 2025 | 10:35 pm GMT+7

Northern Vietnam city Hai Phong claims top spot for first time in Provincial Competitiveness Index

Northern Vietnam city Hai Phong claims top spot for first time in Provincial Competitiveness Index

The coastal city of Hai Phong has, for the first time, topped the 2024 Provincial Competitiveness Index (PCI) with a score of 74.84, marking a significant milestone in its economic governance journey.

Southeast Asia - Tue, May 6, 2025 | 10:20 pm GMT+7

Malaysia initiates tariff talks with US

Malaysia initiates tariff talks with US

Malaysia is pushing forward tariff negotiations with the U.S., while implementing various policies to support local industries and strengthening efforts to seek new export markets.

Southeast Asia - Tue, May 6, 2025 | 10:12 pm GMT+7

ASEAN’s largest economy slows to lowest growth since Q3/2021

ASEAN’s largest economy slows to lowest growth since Q3/2021

Official data released recently indicates that Indonesia's economic growth decelerated in Q1 due to weakened domestic consumption.

Southeast Asia - Tue, May 6, 2025 | 9:59 pm GMT+7

Vietnam's agri major BAF reports record livestock profit since listing

Vietnam's agri major BAF reports record livestock profit since listing

BAF Vietnam Agriculture JSC in Q1 posted its highest livestock profit since listing in late 2021, thanks to a surge in pig output and revenue that nearly doubled year-over-year.

Companies - Tue, May 6, 2025 | 9:36 pm GMT+7

Amkor views Vietnam 'strong market' despite US tariff uncertainties

Amkor views Vietnam 'strong market' despite US tariff uncertainties

Amkor Technology, a U.S.-headquartered semiconductor firm, sees Vietnam a strong market in the mid and long term despite tariff uncertainties under the Trump administration, said an executive.

Investing - Tue, May 6, 2025 | 4:40 pm GMT+7

Over $7.7 bln in Vietnam's private placement corporate bonds to mature in last 3 quarters

Over $7.7 bln in Vietnam's private placement corporate bonds to mature in last 3 quarters

More than VND200 trillion ($7.7 billion) in privately-placed corporate bonds will mature in the final three quarters of this year, with the real estate sector accounting for half, according to independent credit rating provider S&I Ratings.

Finance - Tue, May 6, 2025 | 4:16 pm GMT+7

Sumitomo to halve equity interest in $2.58 bln thermal power plant in central Vietnam

Sumitomo to halve equity interest in $2.58 bln thermal power plant in central Vietnam

Sumitomo has decided to transfer 50% of the Japanese giant's equity interest in its wholly-owned operator of the $2.58 billion Van Phong 1 coal-fired power plant in Vietnam’s central province of Khanh Hoa.

Energy - Tue, May 6, 2025 | 3:54 pm GMT+7

Singapore's CapitaLand Development forms strategic partnership with Vietnam's Vinhomes

Singapore's CapitaLand Development forms strategic partnership with Vietnam's Vinhomes

CapitaLand Development has expanded in Vietnam with two major moves - a strategic collaboration agreement with leading local developer Vinhomes and the unveiling of The Fullton, a $800 million low-rise residential project in Hung Yen province.

Real Estate - Tue, May 6, 2025 | 2:56 pm GMT+7

Vietnam's disbursed FDI in 4 months posts five-year record high

Vietnam's disbursed FDI in 4 months posts five-year record high

Registered foreign direct investment (FDI) in Vietnam hit $13.82 billion in the first four months of the year, up 39.9%, while disbursed capital reached $6.74 billion, up 7.3% and marking a record high in five years.

Economy - Tue, May 6, 2025 | 2:12 pm GMT+7

Vietnam's Politburo requests prioritizing administrative measures to handle economic violations, instead of criminal prosecution

Vietnam's Politburo requests prioritizing administrative measures to handle economic violations, instead of criminal prosecution

The Politburo, Vietnam's highest decision-making body, has ordered amendments to legal regulations to ensure that administrative measures are prioritized in handling civil and economic cases.

Economy - Tue, May 6, 2025 | 12:30 pm GMT+7

EC postpones Vietnam’s seafood inspection until year end

EC postpones Vietnam’s seafood inspection until year end

The European Commission (EC) has delayed its fifth inspection of Vietnam's efforts to combat illegal, unreported and unregulated (IUU) fishing to the end of 2025, according to the Ministry of Agriculture and Environment (MAE).

Southeast Asia - Tue, May 6, 2025 | 8:53 am GMT+7

Thailand lowers growth forecast for 2025

Thailand lowers growth forecast for 2025

The Thai Ministry of Finance has cut its forecast for the country’s economic growth this year to 2.1% from 3%, saying that the impact of U.S. tariffs and a global slowdown would weigh on Southeast Asia's second-largest economy.

Southeast Asia - Tue, May 6, 2025 | 8:49 am GMT+7