Orchid cultivation is an expensive hobby that often attracts attention, especially from flower enthusiasts.
Recently, a unique transaction in Bac Ninh province involving a house and garden being exchanged for orchids has sparked excitement on social media. This event took place on August 31, and the total value of the orchids exchanged was an astonishing 20 billion VND. The collection included 5 branches of Kinh Bac white orchids, 5 branches of Long Khanh white orchids, 5 branches of Co Do white orchids, and 5 branches of Pleyku white orchids.
The transaction attracted a lot of attention
While orchid enthusiasts are aware of the high prices that rare orchids can command, many were still surprised by the value of this exchange. Each of the 20 orchid branches was valued at 1 billion VND, which is equivalent to the price of a house.
This unusual transaction has captured the interest of many, and the story continues to spread.
How are people losing their fortunes in the outbreak of the sudden “fever”?
“I lost everything after investing billions of VND, several acres of land, and my entire savings in the failed venture of growing orchids. Now I am determined to spend a lifetime paying off my debts,” shared the owner of a farm in Tuyen Quang.
The Hot Orchid Boom Returns, Prices Soaring: Are Traders Setting a Trap?
After a period of silence and plummeting prices, the market has taken a sudden turn as high-priced orchid pots have reappeared, selling for hundreds of millions of dong.
