Birkin Bags Bring in Big Bucks as Vietnamese Tycoon’s Forfeitures Go Under the Hammer

Two Hermès Birkin bags seized from jailed Vietnamese businesswoman Truong My Lan were sold at a Ho Chi Minh City government auction for over $535,000 — including a $440,144 bag and a $94,858 bag — as part of asset seizures to help recover more than $27 billion in losses from her embezzlement of Saigon Commercial Bank.