Its capital is Hanoi and largest city Ho Chi Minh City. Vietnam was inhabited by the Paleolithic age, with states established in the first millennium BC on the Red River Delta in modern-day northern Vietnam. The Han dynasty annexed Northern and Central Vietnam under Chinese rule from 111 BC, until the first dynasty emerged in 939. Successive monarchical dynasties absorbed Chinese influences through Confucianism and Buddhism, and expanded southward to the Mekong Delta, conquering Champa
Economy: It is a mixed socialist-oriented market economy. Vietnam is a member of the Asia-Pacific Economic Cooperation, the Association of Southeast Asian Nations and the WTO. Since the mid-1980s, through the Doi Mori reform period, It has made a shift from a highly centralized command economy to a mixed economy. This economy uses both directive and indicative planning through five-year plans, with support from an open market-based economy. Over that period, the economy has experienced rapid growth
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