VinFast Faces Pressure Over North Carolina Plant Deal

VinFast Auto is under increasing pressure as U.S. officials have reiterated the company's commitments under a four-year-old agreement to construct a manufacturing facility in North Carolina. Bloomberg posted on X, highlighting the reminder from officials, which underscores the importance of adhering to the terms of the deal. The Vietnamese automaker had initially announced plans to establish the plant as part of its expansion strategy in the U.S. market. The reminder comes amid growing scrutiny over the progress and timelines associated with the project. VinFast's commitment to the North Carolina facility is seen as a significant step in its efforts to penetrate the competitive U.S. automotive sector.