US tech firms warn Vietnam that proposed data law could hinder growth and foreign investment.

US tech companies, including Meta and Google, have cautioned Vietnam's government about a proposed law aimed at tightening data protection and restricting data transfers abroad. They argue that this legislation could stifle the growth of social media platforms and data centers in Vietnam, a key market. The draft, which also seeks to improve government access to information, could complicate foreign investment and business operations in the country.

November 04, 2024
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