VinFast Shares Drop as North Carolina Ups Ante
VinFast shares fell Friday after North Carolina sued the company for allegedly breaching agreements on a stalled EV plant, seeking to recover about $80 million in state funds. The lawsuit followed VinFast’s announcement to sell its main Vietnamese manufacturing business and transfer $7 billion in debt. The company said it would review the suit and construction would begin soon. VinFast stock dropped despite broader Wall Street gains.