[REVISION HISTORY]

Asset liquidation in Truong My Lan case

Updated 1 time since CLSTR started tracking revisions of this situation.

What changed

2026-10-22 14:36 UTC → 2026-10-25 05:48 UTC · added ~~removed~~

Authorities in Ho Chi Minh City are auctioning various assets belonging to Truong My Lan, the former Chairwoman of Van Thinh Phat Group, to satisfy her obligation to reimburse over 30,081 billion VND to more than 43,000 victims and stakeholders. Real estate auctions include multiple properties with combined starting prices exceeding 334 billion VND, such as villas on Nguyen Thi Dieu, Vo Van Tan, and Dong Khoi. A villa at 22B Nguyen Thi Dieu is valued at over 200 billion VND, while properties at 142 Vo Van Tan and 151 Dong Khoi have starting prices of over 94 billion VND and 37.3 billion VND, respectively. Other land assets in Long Phuoc and on Tran Quoc Toan have also been valued for ~~liquidation.~~ liquidation, with combined starting prices exceeding 169 billion VND. In addition to real estate, luxury vehicles are being sold. A black Lexus ~~vehicle, which had previously undergone several unsuccessful auction attempts and price reductions,~~ luxury vehicle (license plate 51A-942.85) was sold in September for 600 million VND to a Ho Chi Minh City resident. This final sale price represents a reduction of more than 167 million VND from its initial May starting price of over 767 million VND. The vehicle's difficulty in finding a buyer was reportedly due to its used condition and a faulty battery that prevented it from being driven. This follows the prior sale of a Maybach for 16.6 billion VND and a BMW for 879 million VND.

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