New Delhi: Apple stated on Friday it will open its first on-line retailer in Vietnam subsequent week, because the iPhone vendor doubles down on rising markets to drive development amid slowing gross sales in China.

The opening on May 18 comes simply weeks after the Cupertino, California-based firm opened its first Apple shops in India – Mumbai and Delhi. (Also Read: Meet Linda Yaccarino, The Woman Rumoured To Be New Twitter CEO –In Pics)

Apple CEO Tim Cook is betting that rising markets will present extra alternatives for development, with youthful populations and comparatively few iPhones. (Also Read: Elderly Woman Separated By Family, Google Translate Helped Her Reunite – Here’s How)

Apple didn’t say when it plans to open bodily shops in Vietnam, which has a inhabitants of 100 million folks.

“We’re proud to be expanding in Vietnam,” stated Deirdre O’Brien, Apple’s senior vice chairman of retail.

Online shops typically precede the opening of retail shops. Apple already sells merchandise in Vietnam through licensed distributors and has a number of suppliers that assemble its devices within the nation for export.

Apple first launched a web based retailer in India in 2020.