Advertisement
Singapore markets close in 4 hours 34 minutes
  • Straits Times Index

    3,286.61
    -1.14 (-0.03%)
     
  • Nikkei

    37,879.37
    +250.89 (+0.67%)
     
  • Hang Seng

    17,626.75
    +342.21 (+1.98%)
     
  • FTSE 100

    8,078.86
    +38.48 (+0.48%)
     
  • Bitcoin USD

    64,256.05
    +126.59 (+0.20%)
     
  • CMC Crypto 200

    1,386.71
    +4.13 (+0.30%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • Dow

    38,085.80
    -375.12 (-0.98%)
     
  • Nasdaq

    15,611.76
    -100.99 (-0.64%)
     
  • Gold

    2,347.20
    +4.70 (+0.20%)
     
  • Crude Oil

    83.85
    +0.28 (+0.34%)
     
  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     
  • FTSE Bursa Malaysia

    1,573.88
    +4.63 (+0.30%)
     
  • Jakarta Composite Index

    7,125.94
    -29.35 (-0.41%)
     
  • PSE Index

    6,568.45
    -6.43 (-0.10%)
     

Facebook Faces a Challenge in Vietnam

Facebook Faces a Challenge in Vietnam

Vietnam has enacted a law that would require technology companies to store personal data on its citizens locally. This law, which is expected to take effect in 2019, has met resistance from foreign companies like Facebook (FB). Facebook and other foreign technology companies have expressed reservations regarding this law, fearing that it could make it easier for Vietnamese authorities to target political dissidents and expose their employees to the risk of arrest.