Vietnamese spending more money on smartphonesVietNamNet Bridge - The average price of smartphones sold in Vietnam is VND5 million, higher than last year’s price of VND4.2 million. The average price of smartphones sold in Vietnam is VND5 million, higher than last year’s price of VND4.2 million. The average price moved up by VND800,000 by June 2016 compared to last year. FPT Shop said that Vietnamese tend to spend more money on smartphones.At FPT Shop, the sales of middle-class products priced at VND3-6 million now account for 70 percent of total revenue. The products selling for VND8-10 million have seen the most impressive growth rate with market share up from 3.5 percent to 6.6 percent.

Source: VietNamNet News September 13, 2016 02:37 UTC