The largest artificial stone Vietnamese flag in the country
From August 28 to September 5, 2025, at the VEC National Exhibition Center, Phenikaa Group presented the largest artificial stone Vietnamese flag in the country with dimensions of 3300 x 2200 mm. This impressive flag has been recognized by the Vietnam Records Organization as the largest of its kind.
Phenikaa’s exhibition stand
During the exhibition, Phenikaa also showcased its range of innovative products, including drones, smart delivery robots, administrative robots, and reception robots. These cutting-edge creations are designed and manufactured by the talented engineers of PhenikaaX, a subsidiary of the Phenikaa Group.
A selection of Phenikaa’s robots on display
Phenikaa Group, officially known as Phoung Hoang Xanh A&A Joint Stock Company, was established in October 2010 and is currently headquartered in Cau Giay District, Hanoi. The company initially had a chartered capital of VND 100 billion, with its founding shareholders being Nghiêm Thị Ngọc Diệp (99%), Phạm Hùng (0.5%), and Phạm Thị Thu Hằng (0.5%).
Over the years, Phenikaa has consistently strengthened its financial foundation by increasing its charter capital. In February 2017, the company raised its capital to VND 1,600 billion, and by December 2017, it had reached VND 2,100 billion. As of August 2019, Phenikaa’s charter capital stands at VND 3,000 billion, with Mr. Ho Xuan Nang serving as the Chairman of the Board of Directors and legal representative of the company.
Fourteen years after its establishment, the Phenikaa Group, led by Mr. Ho Xuan Nang, has built an extensive ecosystem comprising over 30 member units operating in key sectors: Technology Development, Industrial Production, Education and Training, and Healthcare.
In the field of industrial production, Phenikaa is renowned for its quartz stone brand, Vicostone. Vicostone (stock code: VCS) has not only established Mr. Ho Xuan Nang’s reputation but has also secured his place among the country’s wealthiest individuals on the stock market.
Currently, Phenikaa holds over 134.6 million VCS shares, equivalent to 84.15% of Vicostone’s charter capital. Mr. Ho Xuan Nang directly owns 5.98 million VCS shares, representing 3.74% of the total shares.
In addition to Vicostone, Mr. Ho Xuan Nang is also associated with other prominent enterprises, including Phenikaa University, Phenikaa-X JSC, Phenikaa Inspection and Certification JSC, and Phenikaa Integrated Circuit JSC, to name a few.
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