The Phú Thọ Circus and Multi-purpose Performance Centre is deemed a demonstration of Hồ Chí Minh City's resolve to unlock resources and drive cultural industries forward. — VNA/VNS Photo

HCM CITY — As it strives to become a regional cultural hub, Hồ Chí Minh City is pursuing a dual-track approach of upgrading cultural infrastructure while reforming governance, and the fresh launch of the Phú Thọ Circus and Multi-purpose Performance Centre is deemed a demonstration of its resolve to unlock resources and drive cultural industries forward.

From a flagship venue…

Long regarded as a vibrant centre for the performing arts, especially circus and variety shows, the southern metropolis has faced persistent infrastructure shortages, with artists often performing in temporary venues lacking technical standards for complex acts.

After nearly three years of construction, the Phú Thọ Circus and Multi-purpose Performance Centre, with a total investment of over VNĐ1.39 trillion (nearly US$53 million) and a floor area exceeding 10,000 sq.m, comprising 12 above-ground floors and a modern basement system, was put into operation in April 2026, meeting the most stringent standards of international circus federations.

Designed as a flagship cultural institution, it offers a 2,000-seat main stage equipped with a multi-functional spiral lift system, enabling seamless transformation between dry, water and even ice performance settings – capabilities previously limited to leading global venues.

In its initial phase, free performances will be offered to the public, particularly policy beneficiaries, children and vulnerable groups, as part of efforts to cultivate cultural appreciation and expand audiences.

The venue is set to debut a new circus production, Mysterious Land, in July 2026, followed by an international circus festival in November, expected to attract troupes from at least eight countries and help position the city as a cultural tourism destination.

The Phú Thọ Circus and Multi-purpose Performance Centre is designed to become a modern multi-functional arts hub. — VNA/VNS Photo

Deputy Director of the Hồ Chí Minh City Arts Centre Lưu Thị Bích Liên expressed her hope that the venue will go beyond a conventional circus space to become a modern multi-functional arts hub meeting international standards, thereby providing optimal conditions for artists to create and perform while offering residents and visitors high-quality and distinctive performances in a world-class cultural setting.

…to a broader cultural industry push

The project aligns with the Politburo's Resolution 80-NQ/TW, which prioritises cultural industries as a key economic sector. City authorities view the arena as a critical link in creating high-value cultural products that serve both public and commercial goals.

HCM City is simultaneously developing a broader network of cultural facilities, including the Rạch Chiếc National Sports Complex, a new symphony and opera house in Thủ Thiêm, and an expanded cultural space at Nhà Rồng Wharf. Together, these projects aim to form an integrated culture – tourism ecosystem capable of attracting international visitors and generating substantial revenue.

To support this shift, the city is piloting a “public investment – private management” model, whereby the State provides core infrastructure while enterprises handle operations and content development, thus enhancing efficiency and competitiveness.

Plans are also underway to establish a cultural industry development fund that offers financial and policy support for creative projects across both public and private sectors. Additional initiatives include building large-scale film studios, developing an AI-powered Vietnam Music Museum, and rolling out school theatre programmes to nurture younger audiences.

With these coordinated efforts, HCM City is steadily shaping a modern cultural ecosystem, with the Phú Thọ centre emerging not only as a performance venue but also as a testing ground for a new governance model that combine public investment with private-sector dynamism to generate greater cultural and economic value. — VNA/VNS