Holding a concert is the most appropriate translation, because Hold means meeting, for example, they will have a meeting tomorrow to discuss this issue. 、

The phrase "give a concert" changed this. Translated, it means to have a concert, which means to have, eat and drink, etc.

For example, many people have doubts about this new project. Many people have doubts about this new project.

Holding a concert can be translated into holding a concert, but it is more appropriate to hold a concert like this.

For example, they held a party for John. They gave a party in honor of John.

This is my own opinion. I may have missed it, but I hope I can help you.