The Metaverse and Vietnam

On 28 October 2021, Mark Zuckerberg, CEO and majority shareholder of Facebook (now Meta apparently) announced this thing called the Metaverse, a ripped off concept from countless science fiction books that, according to Wikipedia, is: a hypothesized iteration of the Internet, supporting persistent online 3-D virtual environments[1][2][3] through conventional personal computing, as well as virtual and augmented reality headsets. The idea, then, is to [...]

By |2022-01-10T02:53:00+07:00January 10th, 2022|Data Privacy, TMT-Technology, Media, Telecom|Comments Off on The Metaverse and Vietnam

Draft Decree on Cybersecurity Sanctions

In the middle of writing about Sky Mavis and NFTs and cryptocurrency the Ministry of Public Security issued a draft decree related to cybersecurity. I didn't get the chance to write about this earlier, but I think it is important enough--as it offers some guidance on questions related to the Law on Cybersecurity of 2018--to [...]

By |2021-12-27T04:41:00+07:00December 27th, 2021|Data Privacy, TMT-Technology, Media, Telecom|Comments Off on Draft Decree on Cybersecurity Sanctions

Blockchains or Databases, a Discussion

I recently had a conversation with an official from the US Consulate here in Ho Chi Minh City, in which we discussed cryptocurrency and blockchain issues. On repeated occasions he asked the question: what makes blockchain different from a regular database? That got me thinking. There are certainly some instances in which there is no [...]

By |2021-12-06T08:48:18+07:00December 6th, 2021|Data Privacy, TMT-Technology, Media, Telecom|Comments Off on Blockchains or Databases, a Discussion

Laos, Cryptocurrency Mining, and Vietnam

In September, the government of Laos authorized six companies to mine and trade cryptocurrency. This last week they announced that as part of the country's expansion into the cryptocurrency markets, they anticipate to include nearly 200 million USD in their 2022 national budget from Bitcoin mining. The theory is that, using the massive amounts of [...]

By |2021-11-08T06:29:27+07:00November 8th, 2021|Banking and Finance, Data Privacy, Legal News, TMT-Technology, Media, Telecom|Comments Off on Laos, Cryptocurrency Mining, and Vietnam

Electronic IDs in Vietnam

Last month the Government issued a draft decree on the process for obtaining and using electronic IDs in Vietnam. This comes as a welcome installment in Vietnam's slowly moving modernization of its legal regulations regarding the internet, data, and digital media. This post will review the basics of the draft decree relevant to most people [...]

By |2021-07-26T02:27:14+07:00July 26th, 2021|Banking and Finance, Data Privacy, TMT-Technology, Media, Telecom|Comments Off on Electronic IDs in Vietnam

Personal Data Leaks in Vietnam

According to an article in VN Express International's website (see Personal data leak affects thousands of Vietnamese) the news of a major leak of personal data was announced. (Other articles covered the news in the Vietnamese language, but for purposes of discussion, the English language story will work best.) The data, which comprised 17 GBs [...]

By |2021-05-24T07:11:04+07:00May 24th, 2021|Data Privacy, Legal News, TMT-Technology, Media, Telecom|Comments Off on Personal Data Leaks in Vietnam