Vibrant Indochina painting market in France

If a decade ago, the names of artists in the 1st class Indochina Fine Arts Still modestly known in France, mostly in the academic world, the Indochina painting auctions are now an event for those interested in Asian painting.

The market is vibrant, consumers are hunting, many auction floors even make bilingual catalogs with Vietnamese – this clearly proves who their potential customers are and they are not wrong because in auctions, Vietnamese tourists make up the majority. There are no major professional gallery owners and collectors present in Paris.

Along with taking care of customers of a new market is the emergence of Asian art appraisers, as new as this market itself and many times creating controversy about appraisal capacity.

Ms. Charlotte Aguttes – Director of the old Aguttes art arena said: “A few years ago, when the Chinese market was booming, there were also a lot of fake ceramics and fake paintings appearing at auction floors. Vietnam was also safe in the past because the prices were still modest, but now that the boom has started, many fake works appear.”

Currently, the demand for owning Indochina paintings has not cooled down and prices continue to increase, which is a good sign for Vietnamese paintings in terms of the market, but there is also a question about the sustainability of the market. this school when its position in the world painting was still very modest.

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