1、Complying with Vietnams Personal Data Protection DecreeExisting Regulation on Personal Data Protection in VietnamHow Businesses Can be Compliant Under Vietnams PDPD RegimeComparing the PDP Decree with the EUs GDPR Pg 04Pg 08Pg 14Issue 58 May 2024|www.vietnam-From Dezan Shira&Associates Vietnam Brief
2、ing Issue 58 May 20242IntroductionCreditsPublisher-Asia Briefing Media Ltd.Lead Editor-Melissa CyrillKey Contributors-GiuliaInteresse,Melissa Cyrill,Thao PhamDesigners-Aparajita Zadoo,Miguel Enrico AncianoAs Vietnams data economy undergoes a significant transformation,businesses operating in sectors
3、 such as e-commerce,fintech,healthcare technology,and smart production are adapting to capitalize on emerging opportunities.Alongside these investments,however,it is necessary to stay up to date on the countrys regulations on digital access,protection of personal data,and the compliance obligations
4、around these.Not doing so will expose businesses to penalties and reputational damage as the government and consumers are increasingly wary of the dilution of control over personal data.Vietnam has a high adoption rate of internet usage,and its population are prolific social media users,which is why
5、 regulations to protect personal data may see continued updates in coming years.In this issue of Vietnam Briefing magazine,we discuss Vietnams data protection regime,pertinent rules and regulations,and expected reforms.We also discuss how enterprises in Vietnam can prepare for compliance with the De
6、cree on Personal Data Protection(PDP).Finally,we compare Vietnams PDP obligations with the European Unions General Data Protection Regulation(GDPR).Given the scope of this magazine,the content provided offers a brief overview.For a comprehensive understanding of Vietnams data privacy legislation,leg