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Correct!
ANSWER: A,
B, and C, but not D. In addition to A, B, and C
above, business entities must also (1) ensure the secrecy,
accuracy and completeness of consumer information during
collection, use and transfer; (2) update and correct information
or have a mechanism allowing consumers to update and correct
information when it is discovered that such information
is not accurate; and (3) obtain consumers’ consent
before transferring their information to a third party,
except in cases where the law provides otherwise.
Effective
July 1 of this year, Vietnam will have a new privacy law
called the Consumer Protection Law. This law replaces the
1999 Ordinance on Protection of Consumers Rights. If business
entities want to collect, use and transfer information about
consumers, which of the following requirements are ones
that they must satisfy (you may and should select more than
one, but only select all if you think that all are requirements)?
A.
Expressly and publicly inform consumers about the purpose
of the collection and use of their information before actually
collecting, using and transferring such information;
B.
Use information about consumers only for the stated purpose;
C.
Obtain consent from consumers before using their information;
D.
Ensure no electronic storage of consumer information.
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