- Producing, weaving, trading yarn, textile, materials and other products in spinning, weaving and dyeing process.

- Wholesaling cotton, fibre and yarn and other products in  spinning, weaving and dyeing process.

- Producing ready-made clothes.

- Trading spinning equipment, machines and spare parts.

- 14 January 2003: Phu Bay Spinning Joint Stock Company was established with an initial charter capital of VND 6 billion;

- 14 January 2008: Charter capital was raised up to VND 8.1 billion;

- 24 December 2010: Charter capital was raised up to VND 14.1 billion;

- 14 January 2014: Charter capital was raised up to VND 50 billion;

- 02 June 2016: Became a public company;

- 17 October 2016: Traded on the UPCOM market;