According to Vietnam News, Vietnam loses 8.5 trillion VND (approximately $366.4 million) in taxes due to tobacco products smuggling each year.
In Vietnam, nearly half of people (45%) smoke, and the number of young people who smoke continues to increase. According to the World Health Organization, Vietnam is one of the 15 countries with the highest smoking rates. Nguyen Mahn Hung, chairman of the Vietnam Consumer Protection Association, said that tobacco smuggling brings high profits.
He said: “Smuggling can bring up to 400% of profits, while official cigarettes are subject to 100% to 202.5% of import taxes and 10% of value-added tax.” Vietnam is the third-largest country in the region for the illegal tobacco trade, with 21 billion illegal tobacco products.
According to related news reports, health experts and anti-smoking advocates expressed their concern for the increase in the incidence of young people using vapor and non-high temperature (HNB) products on the Ministry of Information and Communications in Ho Chi Minh City on July 23. Worry.
Phan Thi Hai, deputy director of the Vietnam Tobacco Control Fund under the Ministry of Health of Vietnam, pointed out that although the Ministry of Health of Vietnam has been working hard to reduce cigarette consumption in recent years, the number of users of vapor and HNB tobacco products has increased significantly. Rising, which has brought obstacles to the regulation of this industry.
Hai said the manufacturers of these products use “compact, eye-catching designs and various flavors” to attract new users, whether they are smokers or non-smokers.
Le Thi Thu of Canada HealthBridge Company urged the Vietnamese government to develop a legal framework to control vapor and HNB tobacco products with relevant authorities to make more efforts to inspect and prevent the production, import, marketing, and sales of these products.
This article is issued by Tobacco Reporter.