HTML is the lingua franca for publishing hypertext on the World Wide Web. It is a non-proprietary format based upon SGML, and can be created and processed by a wide range of tools, from simple plain text editors - you type it in from scratch- to sophisticated WYSIWYG authoring tools. HTML uses tags such as <h1> and </h1> to structure text into headings, paragraphs, lists, hypertext links etc. Here is a 10-minute guide for newcomers to HTML. W3C's statement of direction for HTML is given on the HTML Activity Statement.
DHTML is dynamic HTML. Basically, DHTML is a combination of different technologies to make your HTML interactive. Common languages used are HTML (of course), Java and Style sheets.