Vietnam’s art market grows, needs transparencyAfter one year of establishment, auction houses Chon’s in Hanoi and Ly Thi in Ho Chi Minh City have really been helpful for Vietnam’s art market to go through “pubescent” and grow up. Vietnam’s art market grows, needs transparencyWithin past 20 years, international art experts assessed that Vietnamese art was very promising, however, it must grow up one day. Leading expert on Vietnamese paintings Wang Zineng said that Vietnamese art has been well-known in the globe since 2014. In his essay on the Vietnam’s art market in middle of 2017, art researcher Nguyen Dinh Thanh wrote “In 2013, for the very first time the globe’s art market collected EUR 1 billion and EUR1.5 billion in 2014 up tenfold during ten years. Therefore, Mr. Thanh proposed the Vietnamese government to issue regulations on transparency of the domestic art market, encouragement and protection of artists, anti- tax evasion…SGGP

Source: VietNamNet News May 08, 2018 00:00 UTC