New Decree On Personal Data Protection In Vietnam: 08 Points Businesses Need To Know

Vietnam has officially issued the Decree No. 13/2023/ND-CP on personal data protection which shall become effective from July 01, 2023. It is assumed that the decree shall significantly affect the way of collecting, transferring data oversea, storing, and handling personal data in Vietnam.

Legal regulations on the protection of personal data have been promulgated by many countries around the world to protect personal data rights, which help preventing violations of personal data, and affect rights and interests of individuals and organizations, specifically: Personal Data Protection Act of Singapore (2012), The General Data Protection Regulation (GDPR) of EU (2016) and The Data Protection Act of United Kingdom (2018). Facing the urgent situation of promulgating regulations on personal data protection, on February 9, 2021 the Ministry of Public Security issued the first draft of the Decree on Personal Data Protection to submit to the Government for submission to the