It went under the hammer at the 'Asian Painters, Major Works' auction, and had been expected to fetch only around €250,000.
Thac Bo, comprising four panels and finished in 1943, represents a Vietnamese lakescape, the auctioneer said.
"The luxuriant vegetation, made of banana leaves, apple blossoms and bamboo, underlines the tropical nature of the place. Pham Hau sublimates the bay thanks to a masterly work of blue and gold reflections, punctuated by the presence of junks and rocks."
'Thac Bo' (Landscapes with Junks) by Pham Hau. Photo courtesy of Aguttes. |
The auction, taking place on June 7, also featured many other works by Vietnamese artists, including Le Pho, Mai Trung Thu and Vu Cao Dam.
Hau (1903 - 1995) created a range of famous works. He demonstrated a profound grasp of both eastern and western artistic principles and philosophies through his paintings, while his poetic landscape compositions offer us a glimpse into the rich and complex Vietnamese culture.
In 2019, his lacquer painting 'Cuu Ngu Quan Hoi' (Nine Carps In The Water) fetched a record price of over US$1.1 million at a Sotheby’s Hong Kong auction.
Earlier this year, his 'Canh Ngoi Chua O Mien Bac Viet Nam' (View of a Famous Old Pagoda Landscape in North Vietnam) went for HKD8.04 million ($1.03 million) at the same auction house.