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Hanoi is the capital and second-largest city of Vietnam. Industrial production in the city has experienced a rapid boom since the 1990s in addition tourism, finance, and banking now play an increasingly important role.Vietnam is in South Eastern Asia, bordering the Gulf of Thailand, Gulf of Tonkin, and South China Sea, alongside China, Laos, and Cambodia. Tropical in south; monsoonal in north with hot, rainy season (May to September) and warm, dry season (October to March). Low, flat delta in south and north; central highlands; hilly, mountainous in far north and northwest.The official language is Vietnamese. French and Chinese are also spoken. Young people are more likely to be able to speak English and proficiency is generally better in southern Vietnam than in the north. The main religion is Buddhism.The economy of Vietnam is a developing mixed economy. Over the past 20 years, Vietnam has made a shift from a centrally planned economy to a Socialist-oriented market economy. The economy has experienced rapid growth. Vietnam is in transition from a planned economy to a market-oriented mixed economy.The population in Hanoi is 6.5 Mil (2014 est.), while the inflation rate is 4.94% (2014 est.).