Vietnam to implement cigarette excise tax from 2027, gradual hike to follow
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Vietnam will implement an absolute excise tax on cigarettes starting in 2027, increasing to 10,000 dong per pack by 2031 to reduce smoking rates. The new tax regime combines a 75% base rate with an initial levy of 2,000 dong per pack. Current tobacco taxes are low, at 36.8% of retail prices, below the WHO's recommended 70-75%. Health officials propose further measures to combat smoking, including expanding smoke-free areas and tightening retail restrictions, as smoking causes around 100,000 deaths annually in Vietnam.
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Source: Reuters The copyright of this article belongs to the original author/organization.
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