The painting is titled Paysage Aux Jonques, also known as Thác bờ, and was produced by painter Pham Hau in 1943. It was put up for sale during the "Asian Painters, Major Works" session on June 7.
The session also featured several other works by Vietnamese artists, including Le Pho, Mai Trung Thu, and Vu Cao Dam.
Pham Hau, who lived from 1903 to 1995, was a talented painter who produced a wide range of famous artworks.
One piece by the Hanoi-born teacher known as Nine Carps In The Water, called Cửu ngư quần hội in Vietnamese, fetched a record price of over US$1.1 million at Sotheby’s Hong Kong auction back in 2019.