Vietnam’s Decree on Personal Data Protection: Is it About to be Finalised?
After the first issuance of the Draft Decree on Personal Data Protection (the Draft DPDP), the Ministry of Public Security published the second Draft DPDP (which is currently the latest version made available to the public) on 9 February 2021 for further public consultation. Despite specifically setting out 1 December 2021 as the effective date, the Draft DPDP is still under the process of drafting and the date of promulgation is still thus unclear.
Crypto and NFT Assets in Fraud and Asset Recovery Litigation: International and Vietnam Law Perspectives
Cryptocurrency has been widely accepted to be any form of currency that exists digitally or virtually and uses cryptography to secure various transactions including but not limited to money remittances and gaming prizes
New Decree Governing Cybersecurity
Whilst the Law on Cybersecurity came into effect as from 1 January 2019 (Law on Cybersecurity), it has taken more than three years to finalise the implementing decree after numerous drafts for opinions and consideration by the relevant State authorities and stakeholders
EU’s General Data Protection Regulation and Vietnam's Draft Decree On Personal Data Protection: At Interplay or At Cross-currents?
On 25 May 2018, the European Union’s (EU) General Data Protection Regulation (GDPR) became enforceable, which was touted to be the “toughest privacy and security law in the world” and is considered as the benchmark for personal data protection regulation all over the world imposing data protection obligations on organisations (regardless of location, whether in the EU or outside the EU), so long as they collect data or target data relating to data subjects in the EU (regardless of citizenship).