VinFast appoints founder's son Pham Nhat Quan Anh as chairman

VinFast plans 2 Vietnam factory sales

To cut down its massive debt (about $6.9 billion), VinFast plans to sell two factories in Vietnam.
The company lost nearly $4 billion last year thanks to heavy spending abroad.
On top of that, North Carolina is suing VinFast over alleged breach of agreements tied to a planned electric vehicle plant.
VinFast says it's reviewing the legal documents before responding.