US President Biden praised the VinFast project in North Carolina as a meaningful investment
- 169
- Business
- 21:21 05/04/2023
DNHN - "We manufacture electric vehicles in North Carolina. The President of the United States, Joe Biden, praised VinFast's electric car factory project, stating, "This is a truly worthwhile investment."
The White House has just posted information about President Biden's program encouraging investment in the United States, including numerous evaluations of projects in North Carolina, where the Vietnamese electric car manufacturer has its factory. Nam - VinFast.
President Biden was pleased with two upcoming major projects in Chatham County, including the VinFast electric car factory, when discussing North Carolina's role in the US manufacturing industry.
"We manufacture chips for electric vehicles in North Carolina, United States." These battery-powered vehicles are an essential source of ore produced in North Carolina. We manufacture electric vehicles in North Carolina. This is a truly worthwhile investment, said Vice President Biden.
This is not the first time the forty-sixth president of the United States has discussed VinFast's factory project. Mr. Biden congratulated VinFast on his page in early 2022 when the company announced it would construct an electric vehicle and battery factory in North Carolina. Later, this information was also published on the White House's official website, garnering widespread attention from not only the American people but also the international community.
VinFast's factory is located in the Triangle Innovation Point industrial park in Chatham County, with an area of approximately 800 hectares and two main areas: manufacturing and assembly of electric cars and electric buses, and supporting business industrial parks. supplier.
The factory is anticipated to have an annual production capacity of 150,000 vehicles, with an emphasis on electric cars, electric buses, and supporting industries. When the factory is operational, it will generate an ecosystem of suppliers and thousands of local jobs, thereby generating direct and indirect economic benefits.
In addition to constructing a factory in the United States, VinFast is expanding its brand identity in the most competitive market in the world through the VinFast Store system. VinFast Stores are located in prime locations, as determined by Vietnamese automobile manufacturers, to provide users with the greatest convenience.
The first VinFast products have also reached American consumers. Specifically, on March 2, 2023, VinFast officially delivered the first 45 VF 8 units to users in this market. This batch of 999 automobiles arrived in the United States in December of last year. These VF 8s have received a great deal of positive feedback from users due to their attractive designs, intelligent safety features, and affordable prices.
Dieu Hong
Related news
- Sao Mai Group’s pangasius export segment embraces new opportunities
- Energy transition in Vietnam: Opportunities and challenges from coal power to renewables
- Renewable energy: Steering in the right direction of the times
- Clean energy must be protected by transparent, stable, and consistent policies
- European-standard ingredients: Inspiring culinary journeys from the heart of the kitchen
- The foundational mark of pioneers in renewable energy amidst an evolving legal framework
- Taste of Queensland: Strengthening Vietnam–Queensland Partnerships through Culinary Diplomacy
- The power of journalism in “upholding the right and eliminating the wrong”
- LAMORI – The Spirit of Lam Kinh in Every Breath
- “Lithuanian President’s visit opens a new chapter in bilateral cooperation with Vietnam”
- List of Vietnam’s 25 Best Workplaces 2025
- Vietnamese Ambassador to the Federal Republic of Germany, H.E. Mr. Nguyen Dac Thanh, Meets with German Business Leaders in Vietnam
- Hodeco and 54 forge strategic partnership to evelate golf Integrated real-estate
- International sports events – a strategic boost for regional economies and tourism in Vietnam
- Halal market potential – The key to business success
- ESG strategy for small and medium enterprises: From compliance pressure to growth opportunity
- Dong Thap Business Club in Ho Chi Minh City launches support fund to accompany enterprises
- Women entrepreneurs in the Era of National Advancement
- The move of a Chinese businesswoman into Vietnam’s snack market
- The Đại Dũng Group: A 30-Year journey of developing a sustainable value chain
Đọc thêm Business
European-standard ingredients: Inspiring culinary journeys from the heart of the kitchen
The EU Good Food – Good Life campaign, funded by the European Union, has enriched the variety of EU-standard food ingredient options available in the Vietnamese market.
Taste of Queensland: Strengthening Vietnam–Queensland Partnerships through Culinary Diplomacy
Against the elegant backdrop of the “Taste of Queensland” networking dinner, government officials, business leaders, and investors from Vietnam and the Australian state of Queensland gathered to celebrate and advance a thriving bilateral relationship
“Lithuanian President’s visit opens a new chapter in bilateral cooperation with Vietnam”
This assessment was shared by Mr. Arunas Karlonas, Commercial Affairs Counsellor of the Lithuanian Embassy, regarding the potential cooperation between the two countries following the recent official visit of the Lithuanian President to Vietnam.
Vietnamese Ambassador to the Federal Republic of Germany, H.E. Mr. Nguyen Dac Thanh, Meets with German Business Leaders in Vietnam
This event holds special significance as Vietnam and Germany jointly commemorate the 50th anniversary of diplomatic relations, a partnership built on trust, mutual respect, and comprehensive cooperation.
Hodeco and 54 forge strategic partnership to evelate golf Integrated real-estate
Ho Chi Minh City, May 22, 2025 – As it prepares to celebrate its 35th anniversary, Ba Ria - Vung Tau House Development Joint Stock Company (Hodeco) has officially signed a strategic partnership with 54, a global sports and entertainment agency.
Business Networking at the Mastercard Golf – Vikki Invitational 2025
Nearly 200 Vietnamese entrepreneurs gathered in the United States as part of an investment promotion program combined with cultural and sports exchange, organized by HDBank in Miami in April 2025.
Halal market potential – The key to business success
Recently, IWEC organized the second edition of its Business Coffee program with the theme "Halal Market Potential – The Key to Business Success," attracting a large number of participating enterprises.
Dong Thap Business Club in Ho Chi Minh City launches support fund to accompany enterprises
More than 150 Dong Thap entrepreneurs in Ho Chi Minh City gathered at Van Hien University to foster business connections, expand cooperation, share practical experiences, and stay updated on current business trends.
Khai Hung corporation signs Strategic Cooperation Agreement with Japanese partners
Signing a cooperation agreement with reputable Japanese partners is a strategic move, demonstrating Khai Hung Corp’s proactive approach in capturing market trends, accessing advanced technology, and leveraging international expertise.
Women entrepreneurs in the Era of National Advancement
The economic forum "Women Entrepreneurs in the Era of National Advancement" aims to honor the role of female leaders, promote collaboration, and connect the business community.