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Methods Using data sourced from Bloomberg from 2008 to 2023, we evaluate historical sales volumes, real revenue, real gross profit per cigarette, stock performance and price-to-earnings trends for nine leading listed global tobacco companies

The smoking prevalence among men declined by only 6.9 percentage points during the 18 years (20052023), from 49.2% in 2006 to 42.3% in 2023.11 12 Evidence from 2018 to 2020 International Tobacco Control (ITC) Vietnam also confirmed that current cigarette prices were not sufficient to motivate cessation behaviours.13 Given that the Vietnamese government did not meet the 2020 target of reducing male smoking prevalence to 39.0% as outlined in the National Strategy on Tobacco Control, realigning tax policies so that they decrease affordability is critical in efforts to reduce smoking rates in Vietnam

Trends in Daily Cigarette Consumption Among Smokers: A Population Study in England, 2008-2023