Phyang Monastery, Phyang (or Phiyang) Gompa is a Buddhist monastery. It was established in 1515. it was founded by king Tashi Namgyal,. Phyang contains numerous sacred shrines inside the monastery, frescoes dating from the royal period, and a 900 year old museum which has an extensive collection of idols including a number of fine Kashmiri bronzes probably dating to the 14th century, thangkas, Chinese, Tibetan and Mongolian firearms and weapons. The Gang-Sngon Tsedup Festival is held annually from 17th day to 19th day of the first month of the Tibetan calendar. On the 2nd and 3rd day of the 6th month of the Tibetan calendar Phyang serves as a venue for sacred dances.