The company’s 2024 financial statements confirm its current legal name, registration number, headquarters location, VND 99 billion charter capital, and DXV listing status. [1]

The origins of coxiva date to 28 October 1975, when its predecessor entity was established pursuant to a decision by Vietnam’s Ministry of Construction. Originally, the organization’s mandate extended beyond cement sales to include supplying cement throughout central Vietnam, manufacturing construction materials, conducting surveys and design work for construction material projects, and providing vocational training for workers in the sector. [3]

As Vietnam’s state-owned enterprise system evolved, the organization underwent multiple restructurings and name changes before transitioning to a joint-stock structure. According to corporate financial records, the current entity was registered as a joint-stock company in 2007. [4]

coxiva was subsequently listed on the Ho Chi Minh City Stock Exchange in 2008 under the stock code DXV. At the time of listing, its capital comprised 9.9 million shares with a par value of VND 10,000 per share, corresponding to total charter capital of VND 99 billion. [4]

coxiva functions principally as a business-to-business construction materials enterprise rather than a consumer lifestyle brand. Its documented operational activities include:

• Cement trading
• Production and trading of cement-related products
• Production and trading of construction materials
• Manufacturing of cement bags and packaging
• Production and sale of fired/Tunel bricks
• Construction of industrial and civil works
• Trading and import/export of construction materials, equipment, and spare parts
• Transportation services via road, rail, and waterway
• Real estate and property rental activities [5]

Collectively, these operations place coxiva across several segments of the construction materials supply chain, encompassing cement distribution, building material manufacturing, packaging production, and ancillary services.

Cement business

Cement has historically been one of coxiva’s most significant commercial pillars. Annual reports describe the company’s primary market area as extending from Da Nang southward into Vietnam’s Central Highlands, reflecting its longstanding role as a supplier of cement and construction materials for the central region. [6]

Rather than operating solely as a proprietary cement brand, coxiva markets and trades cement produced by major Vietnamese manufacturers. Its website lists partnerships and products that include Nghi Son Cement. [4] Consequently, the company is best understood as a corporate construction materials enterprise engaged in both distribution and manufacturing, rather than a single packaged consumer cement brand.

Construction materials manufacturing

Beyond cement distribution, coxiva operates manufacturing facilities for other building materials. Reported operations have included the production of Tunel-fired bricks and related construction products. A 2022 annual report identified the following facilities:

• Da Nang cement bag manufacturing plant
• An Hoa Brick Factory
• Lai Nghi Tuynel Brick Factory

At that time, reported production capacities were approximately 25 million cement bags per year, 30 million standard brick units per year at An Hoa, and 15 million standard brick units per year at Lai Nghi. [3] The company’s 2024 financial statements continue to list the cement bag factory and two brick factories as integral components of its corporate structure. [1]

Cement packaging

A distinctive element of coxiva’s manufacturing portfolio is cement bag production. The company produces packaging for cement and other industrial products. Its product catalogue includes KPK bags, which consist of layered kraft paper combined with polypropylene or polyethylene, and can be custom-printed with client branding. [5] This capability positions coxiva within the packaging segment of the cement industry alongside its core distribution and manufacturing roles.

The inclusion of VICEM in the company’s formal name underscores a significant institutional relationship. VICEM, or Vietnam Cement Industry Corporation, is one of Vietnam’s major state-owned cement groups. External corporate profiles identify coxiva as a subsidiary within the VICEM ecosystem, while the company’s own financial reporting acknowledges a parent-company relationship. [6]

This affiliation distinguishes coxiva from independent local building materials firms, anchoring it historically and operationally within Vietnam’s state-linked cement and construction materials sector.

coxiva maintains its headquarters at Lot C4, Street No. 9, Hoa Khanh Industrial Park, Lien Chieu, Da Nang, Vietnam. [7] Its broader corporate structure encompasses facilities located in and around Da Nang and Quang Nam provinces, including cement bag and brick manufacturing plants. [3] The company’s official website confirms the Hoa Khanh Industrial Park address and provides corporate contact details. [7]

The company operates as a joint-stock company governed by a board of directors, a supervisory board, and an executive management team. Published organizational information identifies Nguyễn Văn Tân as Chairman of the Board of Directors and Trần Văn Khôi as Director, alongside other board and management personnel. [7]

As of 31 December 2024, the company reported a workforce of 216 employees, down from 242 at the end of 2023. [1]

coxiva is a publicly traded entity on the Ho Chi Minh City Stock Exchange (HOSE) under the symbol DXV, representing Da Nang Building Material VICEM Joint Stock Company. With 9.9 million listed shares and VND 99 billion in charter capital, the designation “coxiva” serves dual purposes: identifying the operating company in industrial contexts and representing the listed security identified by the ticker DXV in financial markets. [1]

In a move toward on-site renewable energy adoption, a 596.43 kWp rooftop solar system was commissioned at coxiva’s Da Nang factory in December 2025. Developed and constructed by VAS Energy Technology, the installation is projected to generate approximately 835 MWh of electricity annually and reduce CO₂ emissions by roughly 568 tonnes per year. [8] Given the energy-intensive nature of cement and construction materials manufacturing, this investment serves as a mechanism for reducing both electricity costs and operational carbon footprint.

coxiva is characterized as a regional Vietnamese construction materials company with deep historical roots in the cement industry. Key defining attributes include:

• Regional focus: Historical business operations have been concentrated in Central Vietnam, particularly Da Nang and surrounding provinces. [10]
• Diversification: Operations extend beyond cement to include bricks, cement packaging, general construction materials, and related services.
• VICEM connection: Affiliation with the VICEM system provides integration with Vietnam’s broader national cement industry infrastructure.
• Public company status: Unlike private local brands, coxiva is a listed company represented by the DXV ticker.
• Industrial orientation: The entity functions primarily as a B2B industrial construction materials company rather than a conventional consumer brand.

The term coxiva serves primarily as the company’s short corporate identifier. It does not appear to be an acronym with a standalone English-language consumer brand meaning. The full English corporate name is Da Nang Building Material VICEM Joint Stock Company, while the Vietnamese name is Công ty Cổ phần VICEM Vật liệu Xây dựng Đà Nẵng. [10]

For clarity, the following distinctions apply:

• coxiva = Corporate/company identity
• DXV = Stock market ticker
• VICEM = Broader Vietnam cement industry group
• Cement, bricks, packaging, and construction materials = Primary business activities

As of 2026, coxiva remains an active participant in Vietnam’s construction materials sector. Financial reporting continues to identify the entity as Da Nang Building Material VICEM Joint Stock Company, with market data confirming ongoing operations. [11]

In the first quarter of 2026, the company reported revenue of approximately VND 52.44 billion, an increase from VND 40.27 billion in the same period of 2025, with net income reaching approximately VND 148 million. For the full 2026 fiscal year, the company set targets of approximately VND 217.5 billion in total revenue and other income and VND 915 million in after-tax profit. [11]

A separate trademark for coxiva is registered in the United States covering apparel and headwear, including items such as headbands, hats, dresses, costumes, and tank tops. Registered in 2021 to Liu Zhenghong, this mark is unrelated to the Vietnamese construction materials company described above. [2] Additionally, pharmaceutical products bearing similar names exist in other markets, further distinguishing the Vietnamese industrial entity from unrelated global uses of the term. [9]

1. VICEMCOXIVA1975TỔNG CÔNG TY XI MĂNG VIỆT NAMVIE
2. COXIVA Trademark of Liu, Zhenghong – Registration Number 6509901 – Serial Number 90399398 :: Justia Trademarks
3. VICEMVican®
4. Xi măng Nghi Sơn – Công ty CP Vicem VLXD Đà Nẵng – COXIVA
5. Vỏ bao KPK – Công ty CP Vicem VLXD Đà Nẵng – COXIVA
6. VICEMCOXIVATỔNG CÔNG TY XI MĂNG VIỆT NAMCÔNG T
7. Cơ cấu tổ chức – Công ty CP Vicem VLXD Đà Nẵng – COXIVA
8. COXIVA – VAS
9. Buy Coxiva-Plus Tablet 10’s online | Uses, Side Effects, Price and substitutes | Apollo Pharmacy
10. Luận văn Tóm tắt Tổ chức kiểm toán nội bộ tại công ty cổ phần xi măng vật liệu xây dựng xây lắp Đà Nẵng COXIVA – Luận văn, đồ án, đề tài tốt nghiệp
11. Coxiva.com — Premium Domain For Sale | Atom