Month: June 2023

VinFast’s financial woes: Is the $4 billion plant in Chatham County at risk?

Gov. Roy Cooper signs deal committing the state to millions in tax reimbursements for VinFast EV manufacturing plant. March 29, 2022. Source: Research Triangle Regional Partnership

By Theresa Opeka Raleigh, NC – More troubling news for VinFast, the Vietnamese electric vehicle maker that wants to build a $4 billion EV production plant in Chatham County. The company recently reported that it lost $598 million, or 49%, in the…

Haw River Trail: From local favorite to state trail

Chatham County, NC – The Haw River Trail is now an authorized state trail thanks to the perseverance of local advocates, nonprofit organizations, and North Carolina legislators Representative Stephen M. Ross, Senator Amy S. Galey, and Representative Dennis Riddell. “The…