VinFast & Wolfspeed investing billions in NC - Is that for the company or the community?

The last year and a half has been a whirlwind of big economic development deals here in North Carolina, two of the biggest are coming to Chatham County. Vietnamese company VinFast plans to invest $4 billion into an electric vehicle factory in the eastern part of the county at a megasite in Moncure, the automaker plans to hire 7,500 people there. On the west side of the county, semiconductor chip-maker Wolfspeed is building a $5 billion factory near Siler City, which could add 1,800 jobs. WRAL goes On The Record to examine the future of the county, the companies behind the growth, and sits down with lifelong residents to ask how they are feeling about a changing Chatham County.
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[@matrices3987]

It is impossible for this plant to be built as the company will run out of money and its ability to service it's debt within 6 months. Any miracle cash infusion will just prolong the inevitable as they don't have the experience, tech or plan to sell even a fraction of their North American sales forecast. All of this would be obvious to any news organization that was able to do a high school level research and journalistic investigation. If I was North Carolina I would start planning for the best way to damage control the inevitable cancellation of the Vinfast car factory.

[@Lee-vb4vh]

I think Vinfast has 6 years experience making vehicles in Vietnam so seems possible with North Carolina's new talented engineering, design, marketing, sales, HR & management team will be able to prosper in growing EV industry. All startups have learning curves. Wouldn't you agree?

[@thierry-nx3tj]

Best wishes of success to Vinfast. It is a historic day for the USA and Vietnam.

[@ccie4101]

Don't worry, VinFast (aka VinMafia) is going bankrupt soon and it will be a historic day for the commie regime in Vietnam

[@leminhtienla]

love the video

[@philongdang5157]

Thank you very much about the information

[@jeffharrington9771]

This will not only affect Chatham but also Lee County. These two cities of Pittsboro and Sanford have worked closely together and are up to meeting the challenges. I think one of the challenges is going to be for the DOT and HWY 1 with increased congested traffic.

[@anhemta6979]

Excellent answers

[@DuyNguyen-ve4ks]

Congratulation Vinfast.

[@philongdang5157]

Excellent

[@BureaucracyWorld]

Building the plant here in NC was stocks heist scam.

[@Alexandre-vj5yq]

Big hat, no cattle.

[@CuongLe-wm6gr]

vinfast ❤

[@cherrytocxoan1943]

❤

[@vietnam2513]

Congrats

[@ducreedanvinguyen]

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