221 million USD Ngoc Linh ginseng project launched
Twenty-six businesses in Vietnam have registered to invest 5 trillion VND (221 million USD) in farming and production of Ngoc Linh ginseng in the Nam Tra My district of the central province of Quang Nam.
Quang Nam (VNA) - Twenty-six businessesin Vietnam have registered to invest 5 trillion VND (221 million USD) infarming and production of Ngoc Linh ginseng in the Nam Tra My district of thecentral province of Quang Nam.
The chairman of the district, Ho Quang Buu, toldVietnam News that six enterprises have joined a survey on growing Panaxvietnamensis (Vietnamese ginseng), while 20 others will invest inpharmaceuticals, essential oils and cosmetics, as well as tonic drinks andcapsules from ginseng.
So far, the district has developed 27 farms inthree communes, with over 800,000 saplings of ginseng and herbs for localfarmers.
Nam Tra My and two other districts in Kon Tumprovince – Tu Mo Rong and Dak Glei – are designated areas for mass developmentof the ginseng in mountainous farms at 1.400m to 2,600m above sea level,according to Buu.
Earlier this year, the district introduced itsfirst Ngoc Linh ginseng and medical herbs centre as a major source of seed andsaplings.
In 2016, the Ministry of Science and Technology’sIntellectual Property Agency recognised the Geographical Indication (GI) of NgocLinh for ginseng root products in Quang Nam and Kon Tum provinces.
The district itself also signed a Memorandum ofUnderstanding (MoU) on tourism, agriculture, conservation and the developmentof Ngoc Linh ginseng with Hamyang County in the Republic of Korea (RoK) twoyears ago.
The district will host the first Ngoc LinhGinseng Festival – part of cultural events of the sixth Quang Nam HeritageFestival – from June 13 to 16.
Ginseng was first found on Ngoc Linh Mountain onthe border between the Central Highlands Kon Tum province and Quang Nam in thelate 1960s.- VNA
About 10,000 local residents and tourists are expected to join the first Ngoc Linh Ginseng Festival – part of cultural events during the sixth Quang Nam Heritage Festival – in Nam Tra My district on June 13-16.
Tra My district in Quang Nam province has introduced the first ever Ngoc Linh ginseng (Panax vietnamensis or Vietnamese ginseng) and medical herbs centre in Tra Mai commune as a major source of seed and sapling in Vietnam.
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Haversting Ngoc Linh ginseng (Photo: vnexpress) 
