HANOI, June 26 (Xinhua) -- Vietnam's National Assembly on Thursday passed a law on personal data protection, which prohibits activities such as buying or selling personal data, the local daily Nhan Dan reported.
Specifically, violators may face fines up to 10 times the revenue gained from personal data trading, while breaches of cross-border data transfer regulations could result in penalties of up to 5 percent of the violator's revenue from the previous year, according to the report.
The law also bans the misuse of personal data to undermine national security or public order, obstruct data protection efforts, exploit data protection for illegal purposes, unlawfully collect or share data, allow others to misuse one's data, or deliberately leak, lose, or seize personal data, the report added.
The Personal Data Protection Law will take effect on Jan. 1, 2026. Enditem