Phaung Taw Oo Pagoda (also known as Hpaung Daw Oo) is a historical Buddhist stupa located in Lewe Township, Naypyidaw Union Territory, Myanmar.

[1][2][3] It features a cave-like design with a series of terraces.

The annual Hta-Ma-Nhae-Pwe festival, celebrated on Full Moon Day in the month of Tabodwe (roughly September - October), is held here.

The festivities last twenty days as four images of the Buddha are transported through the city by longboat; the boats are rowed using a technique which maximizes endurance.

A fifth image of the Buddha is left at the pagoda to act as guardian while the festivities take place.