Competition in this segment, many Oppo smartphones have reduced prices, not only old models but also new products. The duo duo has just appeared, F11 and F11 Pro, are reduced by 700,000 to 850,000 VND by some systems in Hanoi, equivalent to 10% of the list price. Meanwhile, the predecessor model F9 also has a decrease of about 1 million dong, down to less than 6 million dong.
HMD Global, the company that owns the Nokia brand exclusively for phones and tablets, has officially announced the new price of Nokia 3.2 smartphone in Vietnam market. Specifically, the listed price of Nokia 3.2 at the present time is only 3,690,000 VND for version 3 / 32GB, down 300,000 VND compared to the time of launch.
|Popular phones dropped sharply|
The Nokia product line is also having a good price like Nokia 5.1 Plus with a reduction of 500 thousand dong to 3.79 million dong, Nokia 2.1 down 200,000 to 1.79 million dong, Nokia 8.1 down 500 thousand to 7.49 million dong.
Other discount products such as Samsung Galaxy M20 are 4.25 million (down 740 thousand), S10 decreased 5.6 million while S10 + 128GB memory decreased 4.8 million. The Samsung Galaxy series reduced the segment evenly. Galaxy A50 costs 6.99 million to buy 100 thousand coupons, A6 + 2018 reduces 700 thousand to 5.29 million, A8 Star decreases 1 million to 7.99 million.
At Cellphone, Xiaomi Mi 9 opened for sale with preferential discount of 1 million immediately while Mi 9 SE reduced 700 thousand dong. Xiaomi's well-sold models, such as Redmi Note 7 Pro, Mi 8 Lite or A2 Lite Mi, cost about VND 500,000. Huawei P30 Lite appeared less than 2 months but the price at many stores is lower than the initial announced price of 500,000 VND to 1 million VND.
Not to be out of this situation, Huawei also reduced the price from VND 500,000 to VND 1 million / unit on this occasion. Cellphones reduced by 12% the selling price of Huawei Y7 Pro 2019 to 3.49 million VND / unit; 13% discount for Huawei Mate 20 Pro, equivalent to 3 million VND, the price is only 18.99 million VND / phone, …
Mobile World has also announced discounts for many mid-range Huawei phones such as Huawei P30 Lite, Huawei Nova 3i, Huawei Y7 Pro. The price of each item is 500,000 VND lower than before.
|Huawei is having trouble|
The trend of decreasing prices of Huawei phones at this time stems from the increasingly tense US-China trade war.
According to distribution units, the cause of the price reduction is said to be in accordance with the law, May and June are the time of purchasing power with low phone products. Meanwhile, new products appear constantly in Vietnam, so the selling prices of old models are adjusted by retailers to match the market.
Mr. Kyler Tan, CEO of HMD Global in Vietnam, said that with this discount program, owning a fully-featured machine with modern technology becomes easy for all users, Experience with a reasonable price.
Along this segment, VinSmart Company (belonging to Vingroup) has officially launched Vsmart brand and product in Myanmar. Vsmart also put its first foot in the European market through a distributor called MediaMarkt Company.
Ms. Nguyen Thi Bich Phuong, Deputy General Director of VinSmart, said that Myanmar is a potential market with a strong growth rate of consumer technology products in recent years. Therefore, many other phone brands have also quickly joined and fierce competition.