Jacob Smith

22 May 2026

Two luxury Hermès Birkin handbags confiscated from jailed Vietnamese… – Jacob Smith

Two luxury Hermès Birkin handbags confiscated from jailed Vietnamese tycoon Truong My Lan sold for more than $535,000 during a government auction in Vietnam. One white Birkin bag alone fetched over $440,000, while the second sold for nearly $95,000 within just 30 minutes of bidding. Lan is currently serving a life sentence for embezzlement linked to a major Vietnamese bank and has been ordered to repay billions in damages. #Vietnam #Luxury #Hermes #Birkin #Business #WorldNews