Compare with different regulatory event:

Description

Implementation of data localisation requirements in Cybersecurity Law

On 1 October 2022, decree No. 53/2022/ND-CP went into force. The decree requires foreign enterprises, including social media organizations, telecommunication and eCommerce companies, and online payment intermediaries, to store their users' data locally came. The data includes personal data that can identify a service user in Vietnam, data created by service users in Vietnam including credit card information, registered phone number, and data on the relationship of service users in Vietnam with whom the user interacts. The companies under the purview of the Decree have 12 months to set up local data storage or representative office upon receipt of instructions from the Minister of Public Security and are required to store the data onshore for a minimum period of 24 months from the time the enterprise receives the data storage request.

Original source

Scope

Policy Area
Data governance
Policy Instrument
Data localisation requirement
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
legislature
Government Body
central government

Complete timeline of this policy change

Hide details
2022-08-15
adopted

On 15 August 2022, the Government of Vietnam issued a decree Decree No. 53/2022/ND-CP requiring for…

2022-10-01
in force

On 1 October 2022, decree No. 53/2022/ND-CP went into force. The decree requires foreign enterprise…