In the context of increasingly complex mergers and acquisitions (M&A) transactions, due diligence related to personal data protection in Vietnam has become a crucial factor. Due diligence concerning personal data protection is particularly important in M&A transactions conducted through asset purchase or the acquisition of a business segment of the target company. This process not only helps the buyer accurately assess the value and potential risks of the target company but also ensures compliance with increasingly stringent legal regulations on personal data. Businesses need to focus on comprehensively assessing policies, procedures, and infrastructure related to personal data.
What Employers Need to Know: Data Protection in Vietnam
Vietnam’s data protection laws are changing fast, and HR teams need to catch up. From employment contracts to cross-border data transfers, personal data handling is now tightly regulated under Decree 13, with more stringent obligations expected in the upcoming draft law. In a post, Hannah Huynh breaks down how these regulations affect employment practices and what employers must do to stay compliant, protect employee trust, and reduce legal exposure.