Tag: Pham Nhat Vuong

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…