Vexilla Viet Nam Group Joint Stock Company, formerly known as Construction and Trading Joint Stock Company 249, was established in February 2005 with a charter capital of VND 500 million. The company initially focused on trade, goods agency, and small-scale services. It has participated in projects such as Bim Son Cement Plant, La Hien Cement Plant, Quan Trieu Cement Plant, and Nam Khoa Hydropower Plant. In addition, the company places strong emphasis on technology investment and expanding operations in the fields of mining, construction materials production, crushing and screening stations, and stone quarry exploitation.