The 베트남 공산당 (Vietnamese Communist Party) is the only legal political party in Vietnam. Founded in 1930, it plays a central role in the country's governance and decision-making processes. The party's ideology is based on Marxism-Leninism and Ho Chi Minh Thought, focusing on socialism and national independence. The party has led Vietnam through significant historical events, including the struggle for independence from colonial rule and the Vietnam War. Today, it emphasizes economic reforms while maintaining strict political control, aiming to develop the nation while preserving its socialist principles.