Vietnam passes cyber law that could hurt Facebook, Google
Vietnam affirms a cybersecurity law to fix control on tech organizations working in the locale.
The law produces results toward the beginning of one year from now and requires any semblance of Facebook (NASDAQ:FB) and Google (GOOG, GOOGL) to store "vital" individual information on Vietnamese clients locally and to open workplaces there.
Web based life organizations should evacuate insulting substance inside multi day of accepting a demand from specialists.
Faultfinders caution the law could cause money related damage and subdue online contradiction.
Around 55M Vietnamese are standard clients of web based life, as indicated by We Are Social and Hootsuite information. Vietnam positioned seventh in the rundown of most dynamic Facebook-utilizing nations.
The U.S. Embassy in Hanoi last week issued a statement that said the law “may present serious obstacles to Vietnam’s cyber security and digital innovation future, and may not be consistent with Vietnam’s international trade commitments. The United States and Canada urge Vietnam to delay the vote on the draft law to ensure it aligns with international standards.”
“Vietnam has done a lot to become more opened to businesses and trying to draw more foreign investment, and now with this cyber law, it will seriously hurt that effort,” Doanh said.
Google and Facebook did not respond to requests for comment on the measure.
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