Coming on the heels of a second-quarter report that saw losses of $526.7 million, VinFast reported Thursday that it lost an additional $623 million for the third quarter of 2023.
Published: Saturday, February 3rd, 2024 @ 2:06 am
By: Carolina Journal
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Vinfast issued an earnings report for the second quarter of 2023 on Thursday, and the news is not good for the Vietnamese electric vehicle maker.
Published: Tuesday, January 9th, 2024 @ 1:12 am
By: Carolina Journal
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VinFast, the electric vehicle maker with plans to open a $4 billion manufacturing plant in Chatham County in 2025, has sold 11,300 vehicles during the first half of 2023.
Published: Tuesday, December 26th, 2023 @ 5:18 pm
By: Carolina Journal
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A chemical tanker was seized by attackers off the coast of Yemen on Sunday, adding to the instability of international commerce in the region following Hamas' October 7 terrorist attack against Israel.
Published: Saturday, December 9th, 2023 @ 2:04 pm
By: Daily Wire
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Two recent headlines grabbed my attention. The first was the announcement that Toyota, having already announced a major project to build batteries for electric vehicles in Randolph County, has expanded their plans.
Published: Sunday, November 19th, 2023 @ 9:55 am
By: Tom Campbell
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While construction on its $4 billion plant is underway in Chatham County, Vietnamese electric vehicle maker VinFast began trading on the Nasdaq Tuesday as Black Spade Acquisition Company shareholders agreed to approve the merger with VinFast Thursday.
Published: Sunday, November 12th, 2023 @ 11:14 pm
By: Carolina Journal
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More than 500 rockets fired by Palestinian Islamic terrorists over the last couple of weeks have fallen inside Gaza, killing and wounding large numbers of Palestinians.
Published: Tuesday, November 7th, 2023 @ 3:56 am
By: Daily Wire
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VinFast, the Vietnamese electric vehicle maker Democrat North Carolina Gov. Roy Cooper credited for leading an army of clean-energy companies coming to the state, is being criticized for polluting waterways near its $4 billion EV manufacturing plant in Chatham County.
Published: Saturday, November 4th, 2023 @ 12:19 am
By: Carolina Journal
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The groundbreaking on what is being called the “crown jewel of VinFast’s global expansion” occurred Friday morning at the site of the $4 billion EV manufacturing plant in Triangle Innovation Point, in the Chatham County town of Moncure.
Published: Tuesday, October 24th, 2023 @ 9:58 pm
By: Carolina Journal
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One of the nation’s oldest and largest insurance companies had its incentives package terminated by the North Carolina Economic Investment Committee Tuesday for failing to add thousands of jobs to its operations center in Charlotte.
Published: Sunday, October 22nd, 2023 @ 9:13 am
By: Carolina Journal
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A church scheduled for demolition to make way for VinFast’s new $4 billion EV plant in Moncure, Chatham County, may be saved after all.
Published: Saturday, October 21st, 2023 @ 5:52 pm
By: Carolina Journal
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VinFast is scheduled to break ground on its $4 billion EV production plant in Moncure, Chatham County next week.
Published: Thursday, October 12th, 2023 @ 9:51 am
By: Carolina Journal
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Vietnamese electric vehicle maker VinFast continues to produce a mixed bag of news.
Published: Sunday, October 8th, 2023 @ 12:11 am
By: Carolina Journal
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Another poor choice for a "success story" by NCInnovation further undercuts the organization's case
Published: Tuesday, September 26th, 2023 @ 6:18 pm
By: John Locke Foundation
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More troubling news for VinFast, the Vietnamese electric vehicle maker that wants to build a $4 billion EV production plant in Chatham County.
Published: Thursday, August 17th, 2023 @ 10:00 am
By: Carolina Journal
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There are several reasons to oppose the proposed $1.4 billion appropriation to NCInnovation
Published: Thursday, August 3rd, 2023 @ 12:45 am
By: John Locke Foundation
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The nonprofit slated to receive $1.4 billion in the Senate budget plan touted the failing VinFast as a successful example to emulate
Published: Sunday, July 30th, 2023 @ 9:58 pm
By: John Locke Foundation
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If the bad reviews weren’t enough, now comes word of VinFast’s recall of all 999 VF8 2023 vehicles sent to the U.S. due to safety concerns.
Published: Sunday, July 9th, 2023 @ 7:43 pm
By: Carolina Journal
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“Critics agree: The VinFast VF8 is very, very bad,” read the headline in the car-focused outlet Jalopnik.
Published: Saturday, June 24th, 2023 @ 12:34 am
By: Carolina Journal
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Actress Jane Fonda, whose leftist views have engendered harsh criticism over the decades, added to her radical resume over the weekend, holding white men responsible for the “climate crisis” and demanding their imprisonment.
Published: Tuesday, June 13th, 2023 @ 2:49 pm
By: Daily Wire
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For the third year in a row, North Carolina garners top honors with Site Selection magazine’s Prosperity Cup recognition for economic development.
Published: Sunday, June 11th, 2023 @ 1:05 am
By: Carolina Journal
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"This is proof positive that North Carolina politicians and bureaucrats are prepared to trample on the rights of private property owners in order to benefit favored business interests,” said Jon Guze, Senior Fellow for Legal Studies at the John Locke Foundation.
Published: Saturday, June 3rd, 2023 @ 10:38 am
By: Carolina Journal
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Plans to build electric vehicles at a proposed EV production plant in Chatham County have hit another pothole. Vietnamese electric vehicle maker VinFast announced Friday that it will push off production until 2025.
Published: Sunday, April 2nd, 2023 @ 12:20 am
By: Carolina Journal
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After news last week of layoffs and a restructuring of its North American division, VinFast may have cleared a hurdle in its efforts to build a production plant in Chatham County.
Published: Monday, March 6th, 2023 @ 12:35 am
By: Carolina Journal
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A Vietnamese electric vehicle maker with plans to build a production plant in Chatham County may be in trouble after announcing it is cutting 80 jobs in the U.S., including its chief financial officer, all before delivering its first vehicle.
Published: Thursday, February 23rd, 2023 @ 6:43 pm
By: Carolina Journal
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North Carolina has been named the 2022 State of the Year by Business Facilities magazine. The state previously won the honor in 2020.
Published: Monday, January 23rd, 2023 @ 12:47 pm
By: Carolina Journal
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The Tax Foundation releases annual list of best states for businesses in terms of tax benefits
Published: Tuesday, January 17th, 2023 @ 10:25 am
By: John Locke Foundation
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The North Carolina Medium- and Heavy-Duty Electric Vehicle State Policy Bootcamp and Showcase emphasizes the importance of electric vehicles across the state
Published: Wednesday, November 30th, 2022 @ 10:40 pm
By: Governor's Office
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Two Chatham County communities will soon be without twenty-seven homes, five businesses, and one church because the state of North Carolina is exercising its eminent domain powers to make way for VinFast, a startup Vietnamese auto company.
Published: Monday, August 29th, 2022 @ 1:22 pm
By: John Locke Foundation
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Economic development incentives divert taxpayer money to politically favored companies at the expense of the rest of the state
Published: Thursday, July 21st, 2022 @ 10:21 am
By: John Locke Foundation
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Republican budget writers released their conference budget adjustments for the new fiscal year on Tuesday, circumventing the traditional appropriations process.
Published: Saturday, July 16th, 2022 @ 3:53 pm
By: John Locke Foundation
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I am writing my most difficult book report ever at 70 years old. It is about another GI I did not know, and an enemy I never wanted to know. Yet we were all in the same place forty-eight years ago along with a bunch of others, with us trying to kill him and his comrades and him trying to kill us
Published: Monday, May 30th, 2022 @ 1:03 pm
By: Tony Adams
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On 10/18, the family of General Colin Powell, the first black Secretary of State who served under three Republican presidents before endorsing former President Barack Obama twice, announced the 84-year-old former Chairman of the Joint Chiefs of Staff had died “due to complications from Covid 19.”
Published: Saturday, May 7th, 2022 @ 8:43 pm
By: Daily Wire
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