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VinFast’s N.C. site could revert to state control in 2026

North Carolina can reclaim VinFast’s 1,765-acre Chatham County megasite if the EV maker fails to create 1,750 jobs or begin operations by mid-2026. The long-delayed project has seen little activity despite a $1.2B incentives package, raising questions as VinFast faces steep losses and invests abroad.

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The Business Journals broke the news in United States on Tuesday, December 9, 2025.
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