The price increases will affect both App Store apps and in-app purchases starting next month.
Apple is planning to raise the prices of its apps in various regions around the world.
This move comes as the company looks to offset the declining value of other currencies against the US dollar.
Apple has also confirmed which regions will be affected by the price hike.
The price of apps in the App Store is currently $0.99 in the US.
During the past year, the average price of an app has increased by 20%.
There are several reasons for this trend.
First, the App Store is a growing market.
More users are using apps and are willing to pay for quality content.
Second, developers are getting better at creating value for users.
They are offering more features and more polished products.
The third is the declining value of other currencies against the US dollar.
Apple states the price hike in Vietnam is because of new local tax regulations.
