Attorney Waewpen Piemwichai, a key member of Tilleke & Gibbins’ Technology Industry Group, was recently quoted by MLex in an article on Vietnam’s draft personal data protection decree. The draft decree, which, as Waewpen noted, “appears to create barriers that may impede the promotion and development of the digital economy in Vietnam,” has been a topic of much discussion in recent weeks in the business community.
The MLex story examines the potential impact on businesses in Vietnam if the draft decree is issued in its current form. Among the various challenges, Waewpen mentioned the data localization requirement implied by the draft decree’s Article 21, which requires that, for the transfer of data, “in addition to obtaining prior approval from the Personal Data Protection Commission for the transfer, the data transferor must also retain the original data in Vietnam and build a system to store data transfer history [containing the type of information required by law] for three years.”
The article is available in full on the MLex website (login required).