Ginseng development program approved
VGP - Deputy Prime Minister Tran Luu Quang has recently signed Decision 611/QD-TTg, approving the ginseng development program through 2030 with a vision towards 2045.
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The program targets to raise ginseng cultivation area to around 21,000 hectares and achieve 100 percent coverage rate of codes and geographical indicators by the end of this decade.
From 2030, Viet Nam would produce about 300 tons of ginseng a year that would satisfy the requirements on origin traceability, GACP-WHO or equivalent standards.
By 2045, Viet Nam will become the world’s largest ginseng producer.
The major kinds for conservation, development, processing and trade in merchandise scale are Ngoc Linh and Lai Chau ginseng.
The localities with potential to develop ginseng are Quang Nam, Kon Tum, Gia Lai, Lam Dong, Thua Thien-Hue, Nghe An, Lao Cai, Lai Chau and Dien Bien. The growing areas for ginseng development include Quang Nam, Kon Tum and Lai Chau.
Viet Nam will invest in ginseng processing facilities, with priority given to the production of medicine, health products, cosmetics and macrobiotics./.
