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Truong My Lan. Photo by Nguyen Hue.

The move comes after the successful valuation of two rare Hermès handbags, worth a combined VND4 billion (US$164,000), as authorities continue efforts to liquidate assets tied to the case.

Among the vehicles, a BMW bearing license plate 50L-069.47, registered in 2016 under Times Square Vietnam Investment JSC, has a starting price of more than VND966.6 million (US$39,600).

A Lexus with license plate 51A-942.85, registered on June 6, 2016 under Van Thinh Phat Investment Group JSC, is set with a starting price of over VND767.8 million (US$31,500).

The most valuable asset is a four-seat white Maybach, license plate 51F-199.99, registered on January 27, 2015 under Van Thinh Phat Investment Group JSC, with a starting price exceeding VND7 billion (US$287,000).

The enforcement agency is currently receiving applications from auction organizations for a three-working-day period, from April 21 to April 24, 2026, following the official announcement on the National Asset Auction Portal.

Applications must be submitted directly to the Ho Chi Minh City Civil Judgment Enforcement Department at 372A Nguyen Van Luong Street, An Hoi Dong Ward.

Previously, authorities released valuation results for two Hermès handbags belonging to Truong My Lan. According to appraisal certificates, a size 25 white Hermès bag with gemstone embellishments on the lock and trim is valued at over VND1.7 billion (US$70,000), while a size 30 white version without gemstones is valued at more than VND2.3 billion (US$94,000).

According to compiled judgments, Truong My Lan has been sentenced to death and ordered to compensate more than VND30,000 billion (US$1.23 billion) to 35,824 bondholders and over VND673,000 billion (US$27.6 billion) to Saigon Commercial Bank.

Thanh Phuong