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Steam is now banned in Vietnam
(www.eurogamer.net)
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It's not immediately obvious to me that indie developers in Vietnam won't be able to find an international publisher. While I don't approve of the law, it does strike me as potentially having a positive effect on Vietnamese studios.
Given how it can be circumvented by fiddling with DNS according to the article, I doubt it'll really do anything besides stoke negative sentiment towards Vietnamese studios. Besides, you can buy plenty of the games elsewhere, so even if it worked, all you're accomplishing is making it slightly more annoying for gamers to buy what they want, rather than having it in one place.