Business deals: How Vinfast's billion-dollar bet on a US factory backfired

Vietnam carmaker's $4bn EV plant still unbuilt, but several firms have shown interest in empty plot

2. Juni 2026 um 16:00 Uhr / Pak Yiu, Nikkei Asia

The Vinfast logo is seen on a vehicle during the 4th International Autoshow 2025 at the Palace Grounds in Bengaluru on November 14, 2025 Bild: Idrees Mohammed / AFP

NEW YORK -- A massive U.S. auto factory producing Vinfast electric vehicles was set to open and begin operating by July 2026 in Chatham County, North Carolina.

Instead, what was described by a company executive as the "crown jewel of Vinfast's global expansion" during the groundbreaking ceremony is nowhere to be seen.