Ngoc Linh ginseng (Photo: Kon Tum Ngoc Linh ginseng JSC)

The program also targets raising the ginseng cultivation area to around 21,000 hectares and achieve 100% coverage rate of codes and geographical indicators by the end of this decade.

From 2030, Vietnam can produce about 300 tonnes of ginseng a year that will satisfy the requirements on origin traceability, GACP-WHO, or equivalent standards.

Priority will be given to Ngoc Linh and Lai Chau ginseng, in which Ngoc Linh has been recognized as a national treasure.

Quang Nam province is calling on businesses to invest in developing raw material areas and set up cooperatives in cultivating and processing Ngoc Linh ginseng products.

Lai Chau province has issued a plan to develop local ginseng by 2030, in which 100% of the area of Lai Chau ginseng will be managed and preserved.

Ngoc Linh ginseng is a rare medical root containing 52 saponin compounds which are helpful to health. It was initially discovered on Ngoc Linh Mountain on the boundary between Kon Tum and the central province of Quang Nam back in the late 1960s. Ngoc Linh ginseng is considered one of the 5 best ginseng varieties in the world.