It was founded on 30 July 1944 to unite petite bourgeoisie and intelligentsia in support of the Vietminh and in effect its satellite party.
It was a member of the Vietnamese Fatherland Front and was represented in the Vietnamese parliament and government, its leader were Dương Đức Hiền and Nghiêm Xuân Yêm.
Hoàng Minh Chính, a member of the former Democratic Party, was involved in its founding.
[1] This party was established in 1944, when Vietnam was still occupied by France.
It was a member of Vietnamese Fatherland Front and fought against France in a war for independence.