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ty - CPV 447, CPV-approved 51 Judicial branch: Supreme People's Court (chief justice is elected for a five-year term by the National Assembly on the recommendation of the president) Political parties and leaders: Communist Party of Vietnam or CPV [Nong Duc MANH]; other parties proscribed Political pressure groups and leaders: 8406 Bloc; Democratic Party of Vietnam or DPV; People's Democratic Party Vietnam or PDP-VN; Alliance for Democracy; groups advocate for democracy, are not recognized by government (2006) International organization participation: ACCT (observer), APEC, APT, ARF, AsDB, ASEAN, CP, EAS, FAO, G-77, IAEA, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM (observer), IPU, ISO, ITU, MIGA, NAM, OIF, OPCW, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO Diplomatic representation in the US: chief of mission: Ambassador Nguyen Tam CHIEN chancery: 1233 20th Street NW, Suite 400, Washington, DC 20036 telephone: [1] (202) 861-0737 FAX: [1] (202) 861-0917 consulate(s) general: San Francisco Diplomatic representation from the US: chief of mission: Ambassador Michael W. MARINE embassy: 7 Lang Ha Street, Ba Dinh District, Hanoi mailing address: PSC 461, Box 400, FPO AP 96521-0002 telephone: [84] (4) 772-1500 FAX: [84] (4) 772-1510 consulate(s) general: Ho Chi Minh City Flag description: red with a large yellow five-pointed star in the center Economy Vietnam Economy - overview: Vietnam is a densely-populated, developing country that in the last 30 years has had to recover from the ravages of war, the loss of financial support from the old Soviet Bloc, and the rigidities of a centrally-planned economy. Substantial progress was achieved from 1986 to 1997 in moving forward from an extremely low level of development and significantly reducing poverty. Growth averaged around 9% per year from 1993 to 1997. The 1997 Asian financial crisis highlighted the problems in the Vietnamese economy and temporarily allowed opponents of reform to slow progress toward a market-oriented economy. GDP growth averaged 6.8% per year from 1997 to 2004 even against the background of the Asian financial crisis and a global recession, and growth hit 8% in 2005 and 7.8% in 2006. Since 2001, however, Vietnamese authorities have reaffirmed their commitment to economic liberalization and interna
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