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[BUSINESS] · Vietnam · 2 sources

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Vietnam's Concert Market Shifts Toward Paid Ticket Model

The live‑music sector in Vietnam has expanded dramatically over the past two years, turning concerts and festivals into a lucrative business. Revenue now comes not only from sponsorships but also from ticket sales, while events stimulate local tourism and consumer spending.

Historically, large outdoor shows – such as the free CL (2NE1) countdown performance on Ho Chi Minh City’s Nguyen Hue Walking Street – attracted thousands without charge, relying on brand funding. Organisers now face the question of whether audiences will continue to attend if events require paid admission. Two main models dominate: brand‑backed festivals that often distribute free or conditional tickets, and independent artist concerts that depend on fans purchasing tickets.

Entities

CL (South Korean singer, former member of 2NE1) · Ho Chi Minh City · Nguyen Hue Walking Street · Vietnam concert market