SEP 15, 2022 | VIETNAM
Vietnam Data Storage Law Rankles Big Tech and CPTPP Trade Bloc
Nikkei Asia, September 15, 2022
By Lien Hoang
BSA's Jared Ragland discusses the impacts of the passage of Vietnam's recent data localization regulation.
"Data localization does not improve the security or availability of data to customers or law enforcement," Jared Ragland, BSA | The Software Alliance Asia-Pacific policy senior director, told Nikkei. When asked about foreign investment, he said: "The risk is that companies will shift to other regional markets with more welcoming policies."
BSA | The Software Alliance (www.bsa.org) is the leading advocate for the global software industry before governments and in the international marketplace. Its members are among the world’s most innovative companies, creating software solutions that help businesses of all sizes in every part of the economy to modernize and grow.
With headquarters in Washington, DC, and operations in more than 30 countries, BSA pioneers compliance programs that promote legal software use and advocates for public policies that foster technology innovation and drive growth in the digital economy.