A pair of luxury Hermes handbags that once belonged to a jailed Vietnamese property tycoon sold at auction for more than $500,000, state media reported, as the government seeks to recover funds linked…

Truong My Lan was convicted for embezzling US$12.3 billion from Saigon Commercial Bank in the nation’s largest fraud case.

A pair of luxury Hermes handbags that once belonged to a jailed Vietnamese property tycoon sold at auction for more than $500,000, state media reported, as the government seeks to…