International Ngoc Linh ginseng festival set for 2025
The central province of Quang Nam has proposed hosting the first ever international Ngoc Linh ginseng (Panax vietnamensis, or Vietnamese ginseng) festival next year – an event to push the brand and promote investment opportunities for international partners in the central province.
Deputy Chairman of the provincial People’s Committee Ho Quang Buu said they have asked for support from the Ministry of Culture, Sports and Tourism in organising series of programmes for their special three-day event.
Buu said the festival would open in Tam Ky City and the mountainous Nam Tra My District – a key centre of the Ngoc Linh ginseng plantation area – from August 1-3, 2025.
The province will invite partners and countries specialising in ginseng farming and production including China, the Republic of Korea, Japan, to share experiences and investment plans for processing and production of high-value ginseng goods, he said.
A series of conferences and seminars, farm trips and business visits will be planned for Quang Nam in the latter part of next year.
Ngoc Linh ginseng, grown both in Nam Tra My District in Quang Nam Province and Kon Tum, was formally recognised as a National Brand and given a Geographical Indication in 2018.
Quang Nam Province has asked the National Assembly to build a law on Vietnamese ginseng, or a legal framework for sustainable development and protection of the national herbal medicine brand.
It has built a strategic plan for developing infrastructure projects linking the ginseng farming zone, worth a total of VND2.4 trillion (US$96 million) for the development of Ngoc Linh ginseng in 2030-45.
The province is also urging the Government to bring in big investments from TH Group, Vin Group and other major businesses in the major Ngoc Linh ginseng farm zone in Nam Tra My District.
The first and a major Ngoc Linh Ginseng hi-tech processing factory and research centre was built at Tam Thang Industrial Park in Tam Ky City with an investment of US$5.4 million from the Sam Sam Company.
The central province plans a growing area for Ngoc Linh ginseng of 15,567ha, across seven different zones.
The district of Nam Tra My hosts a monthly Ngoc Linh Ginseng Fair in the first three days of each month, where at least 30kg of the local ginseng roots are traded.
According to Nam Tra My District, more than 42,000ha of primary forests have been preserved in order to protect the development of both ginseng and other native herbs.
Nam Tra My District and Hamyang County in the Republic of Korea have already signed a Memorandum of Understanding (MoU) on tourism, agriculture, conservation and the development of the local ginseng.
Ngoc Linh ginseng has been listed as as one of eight precious and endangered flora genes including Ba Kich (poor man’s ginseng), pepper, cinnamon and large-size rattan and white corn, in a provincial conservation programme.