Vietnam's 1st-ever art auction house to open

HANOI, Sept. 21 (Xinhua) -- Vietnam will open its first-ever auction house for fine arts on Saturday.

The 1,000-square-meter house in Vietnam's capital Hanoi will mainly be used for exhibitions and auctions, reported Vietnam's state-run news agency VNA on Wednesday.

At the opening ceremony, six works of art will be auctioned. Five of the pieces have starting prices ranging from 15 to 50 million Vietnamese dong (from 670 U.S. dollars to 2,240 U.S. dollars) while the last silk picture created in 1991 will be available for auction with starting price at 110 million Vietnamese dong (4,930 U.S. dollars).