In 1925 the Revolutionary Party of Young Annam was founded but the party was paralyzed due to mutual jealousies of the members. In 1927 the Nationalist Party modelled on the Kuomintang Party of China, was formed at the instance of Phan Boi Chau a revolutionary leader.

The party maintained contacts across China’s Kwangung province border and sponsored an abortive attempt on the life of the French Governor-General in 1929. In February 1930 the party staged a rebellion known as Yenbay Mutiny. Under instigation from party the Vietnamese soldiers at the fortress of Yen Bat situated on the Rid River north of Hanoi, revolted and killed their French officers.

However, the French ruthlessly suppressed his rebellion. Most of the leaders were, arrested and force was used even against unarmed demonstrators. This greatly undermined the prestige of the party and after some time it was dissolved.

Another reason which prevented the popularity of the party with the people was its pro-Chinese organization. After some time a peasant uprising was organized against the French but the same was ruthlessly suppressed.