The First Data Law Of Vietnam

On 30 November 2024, the NationalAssembly of Vietnamofficially issued the country's first Data Law (the Data Law), which will come into force on 1 July 2025. The Data Law governs, among others, digital data, data products and services. The Data Law applies to all Vietnamese agencies, organisations and individuals, and foreign agencies, organisations and individuals in Vietnam. It also extends its scope of application to offshore entities that are directly engaged in or related to digital data activities in Vietnam. Given its broad applicability, the Data Law is expected to have a significant impact on businesses involved in digital data activities in Vietnam.In this legal update, we would like to highlight key points under the Data Law.