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Stock impact report

VinFast Auto Ltd. (VFS) to Resume Construction at its North Carolina Factory this Year [Yahoo! Finance]

VinFast Auto Ltd. (VFS) 
Company Research Source: Yahoo! Finance
March 16, 2026, Bloomberg reported that Vietnamese electric vehicle maker VinFast Auto Ltd. (NASDAQ:VFS) said it will resume construction at its North Carolina factory this year. However, the company recorded a larger loss in the fourth quarter due to rising costs associated with its global expansion. The corporation recorded a fourth-quarter financial loss of 35.2 trillion dong ($1.3 billion), up 15% year on year. Revenue increased by 138.9% year on year to 39.4 trillion dong. The fourth-quarter cost of sales was 55.14 trillion dong, an increase of 86.6% from the same period last year. On March 3, 2026, VinFast Auto Ltd. (NASDAQ:VFS) completed its strategic restructuring into three car brand lines, launching two new ultra-luxury models, the Lac Hong 800S and Lac Hong 900S. The corporation divided its portfolio into three brands: Lac Hong ultra-luxury, VF mass-market passenger vehicles, and Green commercial mobility. VinFast Auto Ltd. (VFS) to Resume Construction at its North Caro Show less Read more
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