FiinGroup & Indochine Counsel Launch Insightful Publication on Vietnam’s Data Law and Implications For Businesses In The Future

Vietnam has officially entered a new chapter in digital governance with the enactment of its first Data Law, effective from July 1, 2025. This landmark legislation establishes a clear legal framework for managing, protecting, processing, and using digital data, while aligning Vietnam with international standards such as the EU’s GDPR, DSA, and similar laws in India and China. 

FiinGroup and Indochine Counsel are pleased to jointly release the publication “Data Law and Implications For Businesses In The Future”, which aims to: 

• Provide a detailed explanation of the new regulations and their differences from global best practices 

• Clarify the law’s impact on key economic flows, including data, trade, investment, and talent 

• Offer strategic recommendations to help businesses ensure compliance while capturing opportunities for innovation 

Key highlights include: 

• Broad scope: Applies to Vietnamese and foreign organizations/individuals operating in or related to Vietnam’s digital data activities. 

• Core principles: Accuracy, integrity, reliability, and security in data collection, storage, and processing. 

• Rights & obligations: Data subjects can request deletion, correction, or retrieval of their data; organizations must comply with strict storage and security requirements. 

• Cross-border rules: Clear definitions and conditions for transferring core/important data abroad, ensuring national security and personal privacy. 

• Integration with the Law on Personal Data Protection: Emphasizing consent, lawful purpose, and transparent processing. 

This publication, "Data Law and Implications For Businesses In The Future", provides an in-depth analysis of the law’s impact on key economic flows (data, trade, investment, talent), business challenges and opportunities, and strategic recommendations for enterprises and policymakers. 

 DOWNLOAD HERE 

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