A luxury yacht formerly owned by Truong My Lan, the former chairwoman of Van Thinh Phat Group, failed to find a buyer at its fourth auction on June 18th. Lan, 70, is currently imprisoned. The yacht, valued at approximately 38.7 billion Vietnamese Dong (roughly $1.5 million USD), was among three assets put up for auction. This latest attempt to sell the vessel follows three previous unsuccessful auctions. The lack of bidders suggests limited market interest or potential concerns surrounding the asset’s provenance given Lan’s legal troubles. The auction was part of efforts to liquidate assets linked to the businesswoman following her conviction in a major financial fraud case.