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Vietnam some way away from million dollar painting club - VnExpress International

Vietnam some way away from million dollar painting club
By Hieu Nhan May 8, 2021 | 07:26 pm GMT+7
While Mai Trung Thu’s “Portrait of Mademoiselle Phuong” smashed the nation’s auction record with a $3.1 million bid, such events remain the exception for Vietnamese works.
This landmark event, along with several other similar instances of Vietnamese works fetching high prices, have been flagged as a hopeful sign for local artists making good in international markets.
Vu Tuan Anh, general director of the Hanoi-based Chon Auction House, said: I want my colleagues and I to hold auctions for million-dollar works in the future.
However, other industry insiders believe that such a future is not around the corner. ....

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Six Vietnamese artworks rake in millions at intl auction - VnExpress International

"Portrait of Mademoiselle Phuong" by Mai Trung Thu and "Nude" by Le Pho are some of the priciest Vietnamese artworks sold for millions of dollars at international auction houses. - VnExpress International ....

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Vietnam's first homegrown NFT marketplace launched | Tuoi Tre News - vietnamlife.tuoitrenews.vn

Saturday, April 10, 2021, 09:27 GMT+7
Screenshot shows user interface of Cong Troi, Vietnam s first homegrown non-fungible tokens (NFT) trading platform.
As non-fungible tokens (NFT), a blockchain technology, appalls the art world after helping artists sell their digital pieces for millions of U.S. dollars, Vietnamese hopefuls are also expecting a radical shakedown from the launch of the country’s first ever NFT-based art marketplace Cong Troi.
From the very onset of its existence, the modern Vietnamese art scene has always been considered ‘one step behind’ from the global status quo.
During the 1970s and 1980s, international art dealers arrived in Vietnam, an uncharted territory of the art world, to snatch the country’s invaluable artworks back home at nominal prices. ....

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