Alternative History
Alternative History
Conservative Party of Indochina
Parti conservateur d'Indochine
Leader Sam Rainsy
Founder Nguyen Thai Hoc
Founded December 25, 1927 (as the Nationalist Indochinese Party)
November 1, 1956 (as the Conservative Party of Indochina)
Headquarters Sai Gon, Cochinchina, Vietnam, Indochina
Newspaper Voice of the Right
Membership  (2021) 1,021,982
Ideology National-conservative
Anti-immigration
Anti-LGBT
Anti-ethnic minorities
Anti-Southeast Asian Union
Right-wing populism
Political position Far-right
International affiliation International Democrat Union (until 2010)
Official colours      Yellow
Federal Assembly
42 / 540
Federal Senate
12 / 105
State and Regional Congresses
481 / 4,290

The Conservative Party of Indochina (CPI), known as the Nationalist until 1955, is a far-right and populist political party in Indochina. It is the fourth-largest party in the Federal Assembly, which has been dominated by the Worker's Party of Indochina (WPI) since the country's founding 1955.

The CPI was originally founded in 1927 as the Indochinese Nationalist Party (INP), an anti-communist and nationalist party that opposed the Viet Minh (Worker's Party). It was supported by the Kuomintang of China. It supported Chinese invasion of Indochina after the Democratic Republic of Indochina was proclaimed by Ho Chi Minh in September 1945, and refused to participate in the 1946 general election. The party collapsed upon French return to Indochina in 1946, but was revived in 1955 under the leadership of Ngô Đình Diệm to participate in the UN-sanctioned nationwide election after the Geneva Agreements that ended the war. Due to its controversal historical origin and failure in the 1955 election, the INP rebranded and adopted the current's name in 1956.

The current policies of the Conservative Party include opposition to immigration, affirmative action for ethnic minorities, and Indochinese participation in the Southeast Asian Union. The CPI is also characterized as a national-conservative, and has been linked to or accused of harboring connections with far-right nationalist and proscribed movements, such as the neo-fascism and anti-ethnic minorities movements, and of employing historical revisionist, homophobic and xenophobic rhetoric. The CPI leadership itself has denied that the party is racist and have been internally divided on whether to endorse such groups.

Together with the Freedom Party (libertarian) and Democratic Party (centre-right), it makes up the Conservative Bloc in the Federal Assembly, which managed to form two federal cabinets (out of 16) since 1955.