This is aimed to facilitate the management of projects which rent local forestry land for growing this kind of ginseng.
A Ngoc Linh ginseng area in Quang Nam
Under a decision issued by Ho Quang Buu, vice chairman of the provincial people’s committee, businesses that want to lease forestry land for Ngoc Linh ginseng processing projects have to submit their plan on project implementation. Projects which were approved by December 31 last year have been requested to submit their plans.
The local Department of Planning and Investment is assigned for inspecting the financial capacity of investors as well as the promised pace of project implementation. Meanwhile, the Department of Agriculture and Rural Development is responsible for checking ginseng point of origin to ensure authenticity. Enterprises that violate environmental regulations during the project implementation must be strictly punished.
The provincial market management board has been asked to co-operate with concerned agencies to closely manage Ngoc Linh ginseng trading activities. Transactions involving products of low quality or unclear origin will be strictly fined.
In April this year, the central province inaugurated the first-ever Ngọc Linh ginseng production plant with a total investment of VND125-billion (USD5.4 million). The project in the first phase is designed to produce 200,000 capsules and provide 5 million Ngọc Linh ginseng saplings per year.
Ngọc Linh ginseng, grown both in Nam Tra My District in Quang Nam Province and Kon Tum, was recognised as a national brand and given a Geographical Indication in 2018.
