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The painting can be fake, but not the feeling’: an overview of the Vietnamese market through the lens of fake, forgery and copy paintings

Ho Toan, Thu Trang Vuong, Tung Ho, Hong Kong Nguyen-To and Quan-Hoang Vuong
Authors registered in the RePEc Author Service: Quan-Hoang Vuong and Thu-Trang Vuong

No 18-022, Working Papers CEB from ULB -- Universite Libre de Bruxelles

Abstract: A work of Vietnamese art crossed a million-dollar mark in the international art market in early 2017. The event was reluctantly seen as a sign of maturity from the Vietnamese art amidst the many existing problems. Even though the Vietnamese media has discussed the issues enthusiastically, there is a lack of literature from the Vietnamese academics examining the subject, and even rarer in from the market perspective. This paper aims to contribute an insightful perspective on the Vietnamese art market, and hesitantly the Vietnamese art as well, through the lens of fake, forgery and copy artworks. 35 cases of fake, forgery and copy paintings were found on the news and from the experts' wisdom. Through the examples, we argue that the Vietnamese art market is a temporary reaction to the immaturely rising of the Vietnamese art and the economy. Therefore, the art market is unable to function healthily unless the Vietnamese art and the economy developed.

Keywords: Vietnamese art; Vietnamese art market; Vietnamese artist; fake painting; forgery artwork; plagiarism art (search for similar items in EconPapers)
JEL-codes: D31 D53 Z11 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cul and nep-sea
Date: 2018-06-04
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