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Vietnam: New official guidance on Vietnam’s data localization requirements
Since its issuance (i.e., 12 June 2018), Vietnam’s Cybersecurity Law (No. 24/2018/QH14) has provided for controversial data localization regulations that raise huge concerns from businesses (domestic and international), as the regulations can greatly impact their operations in Vietnam due to the ambiguity and vagueness. The law provides that domestic and foreign enterprises that provide services on telecommunications network, the Internet network, or value-added services on cyberspace in Vietnam and collect, exploit, analyze or process data on personal information, data on service users’ relationships or data created by service users in Vietnam must locally store this data for a period set forth by the Government. Further, it stipulates that foreign enterprises shall open a branch or representative..To read the full article, please see the PDF file
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Asia / Data Protection Newsletter (Augsut 22, 2022) (200 KB / 4 pages)
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In addition to seven years' experience in Vietnam, Taro also has experience in working as in-house counsel for a major trading company. He has strong expertise in cross-border M&A/joint ventures, real estate development, labor, compliance, crisis management deals, and international transactions. In recent years, the scope of his work has expanded to include Turkey and other Middle Eastern countries. He is also a member of the Agrifood Practice Team.