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The Vietnam war was only one of many that the Vietnamese have fought, but it was the most brutal in its history.Over two thirds of the current population was born after 1975.After a brief Japanese occupation in World War II, the Communist Việt Minh under the leadership of Hồ Chí Minh continued the insurgency against the French, with the last Emperor Bảo Đại abdicating in 1945 and a proclamation of independence following soon after.The majority of French had left by 1945, but in 1946 they returned to continue the fight until their decisive defeat at Điện Biên Phủ in 1954.The Vietnamese legislature is the unicameral National Assembly, from which the Prime Minister is selected.
There used to be extreme restrictions on foreigners owning property or attempting to sell.
Vietnam (Việt Nam), officially the Socialist Republic of Vietnam (Cộng hòa Xã hội Chủ nghĩa Việt Nam) is a long, thin country in Southeast Asia.
Its neighbouring countries are China to the north, Laos and Cambodia to the west.
Like most Communist countries around the world, there is a fine balance between allowing foreign investors and opening up the market.
In practical terms, you'll find rampant capitalism at the "retail" level, with shopkeepers and sellers from carts exercising great flexibility in pricing and how they do business.