General Obligations of A Foreign Company Conducting Business in Vietnam’s Cyberspace
Only a limited subset of foreign companies providing services over in Vietnam’s cyberspace are subject to data localisation requirements in Vietnam under the recent Decree 53/2022. However, any foreign company providing services in Vietnam’s cyberspace will need to comply other obligations under the Law on Cybersecurity 2018 and its implementing regulations. These obligations include, among other things, the following:
· To give warnings of the possibility of a loss of cybersecurity during use of the services in cyberspace provided by such enterprise and to provide guidelines on preventive measures;
· To formulate plans and solutions to quickly respond to cybersecurity incidents;
· To immediately deal with any security weaknesses or vulnerabilities, malicious codes, cyberattacks, cyber intrusions/infringements or other security risks;
· When a cybersecurity incident occurs, to immediately implement appropriate emergency plans and response measures, and at the same time provide a report thereon to the Cybersecurity Task Force of Vietnam;
· To apply technical solutions and other necessary measures to ensure security during the process of collecting information;
· To prevent the risk of revelation, damage to or loss of data;