Vietnam: Disclosure of consumer information shall be fined up to VND 20 million

Recently, the Government of Vietnam has issued the Decree No. 98/2020/NĐ-CP prescribing penalties for administrative violations against regulations on commerce, production and trade in counterfeit and prohibited goods, and protection of consumer rights.

Tiết lộ thông tin của người tiêu dùng, Nghị định 98/2020/NĐ-CP

According to the Decree No. 98/2020/NĐ-CP of Vietnam’s Government, a fine ranging from VND 10.000.000 to VND 20.000.000 shall be imposed for committing one of the following violations:

- Failing to publish or clearly notify consumers of the purposes of collection and use of their information;

- Failing to obtain the consumers’ consent when using their information for the purposes other than the ones notified to them;

- Failing to ensure the safety, accuracy and adequacy of consumers’ information during its collection, use or transfer;

- Failing to correct, or provide methods to consumers for updating or correcting, information which is detected inaccurate as prescribed;

- Transferring consumers’ information to a third party without their consent, unless otherwise prescribed by law.

Note: A fine that is twice as much as the corresponding fine prescribed above shall be imposed for the violation involving information which is the consumer privacy.

View more details at the Decree No. 98/2020/NĐ-CP of Vietnam’s Government, effective from October 15, 2020.

Ty Na

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