As Hanoi readily states, the country is called the Socialist Republic of Vietnam.

Under the guise of this socialism, the country maintains an aggressive, top-down form of government. Private ownership of land is prohibited. Hanoi controls the national economy through a series of state-owned enterprises.

Vietnam provides cover for Chinese exporters looking to avoid U.S. duties and has been the focus of seven different investigations by the U.S. Commerce Department for such trade violations.

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