VietnamExpress-Apr 23

Experts are not surprised that a bidder recently paid $3.1 million for the ‘Portrait of Mademoiselle Phuong’ by Mai Trung Thu. The masterpiece set the highest bidding record for a Vietnamese painting after it was bought by an unknown buyer at the Sotheby’s Auction House in Hong Kong last Sunday. Vu Tuan Anh, general director of the Chon Auction House in Hanoi, said the $3.1 million price tag was “appropriate,” since the painting is rich in historical value and done by one of Vietnam’s most prominent modern art painters. In fact, he added, the current price of Vietnamese paintings is actually cheaper than in some Asian countries. Contemporary artists from Indonesia or South Korea have works fetching several tens of millions of dollars. Fine arts researcher Ngo Kim Khoi said the painting was the ‘Mona Lisa of Vietnam.”

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