Vietnam has recently issued a new decree that aims to strengthen the protection of personal data for its citizens. With the rise of digital technology and information sharing, protecting the privacy and security of personal information has become a crucial matter for individuals and organizations alike. In this article, we will delve into the specifics of Vietnam’s new decree and understand its implications on personal data protections. From its definitions of personal information to the penalties for violations, we will explore the essential points that everyone should know about this significant development in Vietnam’s data privacy landscape.
Vietnam’s Data Protection Decree now in effect: Organisations must notify Ministry of Public Security
Vietnam’s government has recently passed a new Decree on the Protection of Personal Data, which came into effect on July 1st. The decree sets out the principles of data collection, processing, and storage with aims to protect individuals’ personal information from being mishandled.
Under the new regulation, organizations are now required to notify Vietnam’s Ministry of Public Security within 72 hours of detecting a violation of personal data. This notification will need to include details of the breach, such as the nature of the data breached and the number of people affected. Additionally, organizations must take steps to prevent future breaches from occurring, such as data encryption, implementing data access controls, and regularly updating their security systems.
The new decree also outlines specific requirements for data storage; personal data must be stored in a way that protects it from unauthorized access, damage, or loss. Furthermore, organizations are required to promptly notify individuals affected by a breach and to take measures to mitigate any potential losses or harms resulting from the breach.
While the decree requires organizations to notify Vietnam’s Ministry of Public Security, it is worth noting that the National Assembly of Vietnam has yet to establish an independent regulatory authority to oversee the implementation of the law. However, it is expected that the newly passed bill on cybersecurity will provide for greater oversight in this regard.
The new regulation brings Vietnam in line with the internationally recognized data privacy principles, which emphasize the importance of the protection of personal data. The decree has been seen as a necessary step to address the increasing need for data protection, particularly as Vietnam’s digital economy continues to grow.
The implementation of this new data protection decree is a significant milestone for Vietnam, as it places the country among the growing numbers of Asia-Pacific economies with data protection laws. The new regulation is in line with the General Data Protection Regulation (GDPR), a privacy regulation enacted in the European Union. Vietnam’s decree also bears some similarity to the Personal Data Protection Act (PDPA) of Singapore, which sets out the legal framework governing the collection, use, and disclosure of personal data in the country.
As data privacy regulations continue to evolve around the world, it is important for organizations to keep abreast of new developments to ensure they remain compliant. The passing of Vietnam’s Data Protection Decree signifies a paradigm shift in the country’s digital landscape and represents a significant step towards ensuring the protection of individuals’ personal data. With the rise of digital technology in the country and the growing risks associated with cybercrime, Vietnam’s new data protection decree is a positive development that sends a clear message of the importance of data protection.
