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The President of Vietnam is the titular head of state and the nominal commander-in-chief of the military of Vietnam, chairing the Council on National Defense and Security. The Prime Minister of Vietnam Phạm Minh Chính is the head of government , presiding over a council of ministers composed of three deputy prime ministers and the heads of ...
In 2006, Vietnam hosted the APEC Annual Summit [28] and became the 150th member state of WTO (World Trade Organization) on 11 January 2007, after concluding bilateral agreements with the United States, Australia, New Zealand, Mexico, and the Dominican Republic in order to qualify for membership. [29]
On January 11, 2007, Vietnam became WTO's 150th member, after 11 years of preparation, including 8 years of negotiation. [17] Vietnam's access to WTO should provide an important boost to Vietnam's economy and should help to ensure the continuation of liberalizing reforms and create options for trade expansion.
Meeting of US secretary of state Mike Pompeo and Vietnamese minister of foreign affairs Phạm Bình Minh in 2019. Formal relations between the United States and Vietnam were initiated in the nineteenth century under former American president Andrew Jackson, but relations soured after the United States refused to protect the Kingdom of Vietnam from a French invasion.
Historically, in many countries there have been existing state socialist systems known as communist states such as the Soviet Union, China, Vietnam, North Korea, Laos, East Germany and Cuba. Ho Chi Minh was a Vietnamese Communist revolutionary leader who was Chairman and First Secretary of the Workers' Party of Vietnam.
The Communist Party of Vietnam (CPV) [a] is the founding and sole legal party of the Socialist Republic of Vietnam. Founded in 1930 by Hồ Chí Minh, the CPV became the ruling party of North Vietnam in 1954 and then all of Vietnam after the collapse of the South Vietnamese government following the Fall of Saigon in 1975.
Hồ's Democratic Republic of Vietnam relocated to Hanoi and became the government of North Vietnam, a Communist-led one-party state. Following the Geneva Accords, there was to be a 300-day period in which people could freely move between the two regions of Vietnam, later known as South Vietnam and North Vietnam.
The Vietnam War began shortly after, between the communist North Vietnam, supported by the Soviet Union and China, and the anti-communist South Vietnam, supported by the United States. Upon the North Vietnamese victory in 1975, Vietnam reunified as a unitary socialist state under the Communist Party of Vietnam (CPV) in 1976.