From the Chatham News + Record, by Ryan Henkel

MONCURE – VinFast, a Vietnamese electric vehicle manufacturer, broke ground on their proposed billion dollar facility in Chatham County Friday, July 28.  

In an event attended by VinFast executives, the Vietnam Ambassador to the United States, Gov. Roy Cooper as well as various government officials, VinFast laid out their future plans and goals regarding the factory located in the Triangle Innovation Point megasite.  

“Just over a year ago, Vinfast announced the plan to build our first North American manufacturing facility and today we are here to start the construction of the first EV factory in North Carolina which will have an annual production capacity of 150,000 vehicles,” said VinFast Global CEO Le Thi Thu Thuy.  

The plant, which will be the first ever automobile factory in the state of North Carolina, aims to create thousands of jobs and is just the latest example of the economic and business boom the state has been experiencing.  

“I’m so happy to be here because I’m thinking about the great paying jobs that are going to be created right here in North Carolina,” Cooper said. “They’re going to put money in the pockets of working families and that’s a great thing.”  

Continue reading on the Chatham News + Record website.