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The capital of Vietnam is Hanoi and the second largest city in the country after Ho Chi Minh City, with more than 8 million inhabitants.
Ho Chi Minh City has more than 9 million inhabitants and is the economic center of Vietnam, located in the south of the country north of the Mekong Delta.

Vietnam is one of the countries on the way from a centrally administered economy to a socialist market economy. This has resulted in rapid economic growth and made the country an attractive investment location for international companies.

The World Bank has classified Vietnam as an emerging market.