- Retailing, trading consumption goods, printing and manufacturing media production and cinema operation.

- Producing and trading cinema's producst: celluloid films, advertising films and other cinema-related products.

- Publication and printing of books, periodicals, and catalogs as well as manufacture of stationery, cards and notebooks.

- Others under the business license.

- On Feb 22, 1982: The company originated from District 11 Corporate Service & Cultural Company under the control of District 11 Cultural Information Department was established.

- On Jul 10, 1989: The company renamed as District 11 General Cultural Company.

- In 1990: The company established Phuong Nam Printing Firm.

- On Feb 10, 1992: The company established Phuong Nam Film Studio.

- On Apr 12, 1993: The company renamed as District 11 General Cultural Company.

- In 1999: The company transformed to Phuong Nam Cultural Joint Stock Corporation with the charter capital of VND15 billion.

- In Mar 2004: The company increased the charter capital to VND20 billion and renamed as Phuong Nam Cultural Joint Stock Company.

- In Aug 2005: The company increased their chartered capital to VND30 billion.

- On Jul 11, 2005: The company's stocks were officially listed on Ho Chi Minh Stock Exchange (HOSE).

- In Jun 2009: The company increased their charter capital to VND100.5 billion.

- In Oct 2010: The company established Southern Mega Joint Stock Company in which the company held 32% total share in this company.

- In Dec 2013: The company changed business license and increased its charter capital to VND110.4 billion.