Bill in Vietnam’s parliament could tighten data protection rules and limit transfers abroad
US technology companies warned the government of Vietnam that a bill to strengthen information protection rules and limit data transfers abroad would hinder social media platforms and data center operators from expanding their businesses in the Southeast Asian country.
The bill, which is being discussed in the country’s parliament, was also designed to facilitate authorities’ access to information and was requested by the Ministry of Public SecurityVietnamese and foreign officials said.
O Vietnamwith a population of 100 millionis one of the largest markets in the world for Facebook and other online platforms, and intends to exponentially increase its data center sector with foreign investment in the coming years.
But the proposed law “will make it challenging for technology companies, social media platforms and data center operators to reach the customers who depend on them every day,” he said. Jason Oxmanwho presides over the Information Technology Industry Council (ITI)a trade association representing major technology companies, including Meta Platforms, Google and the data center operator Equinix.
Both the Ministry of Public Security as the Ministry of Information and Communications They did not respond to attempts to contact us via email and telephone.
The parliament of Vietnam is discussing the proposed law in its current month-long session and is expected to approve it in November 30th “if eligible” according to your program, which is subject to change.
With information from News Agencies
Source: https://www.ocafezinho.com/2024/11/04/nova-lei-do-vietna-ameaca-expansao-de-gigantes-da-tecnologia-nos-eua/