Cigarette smuggling from Cambodia to Vietnam abounds
A pair of cigarette brands distributed by two of the Kingdom’s most prominent businessmen are being smuggled from Cambodia to Vietnam at an estimated rate of more than 300 million packs a year, contributing to tobacco manufacturer losses of nearly $200 million annually, according to trade documents and industry experts. Hero and Jet, distributed respectively by CPP Senator Ly Yong Phat’s Hero King Co Ltd and Theng Bunma’s Thai Boon Roong Co Ltd, comprise a significant fraction of the billions of cigarettes illegally moved across the border each year, according to estimates from the Vietnam Tobacco Association (VTA). …
