Understanding the Data Localization Rules of Vietnam
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Data localization rules are becoming increasingly important in today’s digital world. As countries become more aware of the value held within data, many have implemented laws that require businesses to store and process their data within the country’s borders. In this episode, we will take a look at data localization rules in Vietnam and how they affect companies operating in the country. Please visit Russin & Vecchi for more information Our Guests Nhut Nugyen Nhut has experience in international business and multi-jurisdictional transactions. His practice focuses principally on M&A, private equity, international finance, and inbound foreign investment in general. Nhut has been involved in a number of large transactions in which he has acted for multinational clients to provide solutions to structure and to implement the transaction. He has particular experience in structuring complex M&A deals that require creative structures of share acquisition in light of existing legal restrictions and ambiguities. He has led the Russin & Vecchi team in various large-scale transactions, including comprehensive, non-conventional due diligence investigations, deal structuring, transaction documentation, performance of conditions precedent and rectification of due diligence issues, funding structures and funding documentation, closing coordination, and post-acquisition integration. Nhut has practiced law in Vietnam for 20 years. Le Ton Viet Viet is a member of the Asia Data Protection & Security Practice Group of Meritas. He has a particular focus on data security, marketing and advertising practices, international data transfer and other privacy and cybersecurity matters. He counsels a broad range of clients on data privacy regulation and breach response. Additionally, he represents clients in various transactions in the field of hotel management, real estate and insurance.
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