return icon

Treasures hidden in forests, bring high profit to farmers

Ngoc Linh ginseng lives under the canopy of old forests, with a forest coverage level of 70-80 percent and temperature of below 25oC. Businesses are now joining forces with locals to grow Ngoc Linh ginseng there.



Ngoc Linh Ginseng has traits that the ginseng of other countries lack. It is antibacterial, an anti-depressant, and works well with antibiotics and diabetes drugs. In 2017, Ngoc Linh ginseng was recognized by the PM as a national product.

Ngoc Linh Ginseng is now selling at VND100-200 million per kilogram.

KonTum authorities list Ngoc Linh ginseng as a strategic crop, one of nine key products of the province encouraged to develop. The province has created favorable conditions and called on businesses, cooperatives and farmers to grow, collect, process and distribute herbal medicine made of Ngoc Linh ginseng.

Ngoc Linh KonTum Ginseng, Vingin and Dak To Forestry are three well known investors. Most recently, Vietnam Ginseng has also cooperated with organizations and ethnic minority households in Kon Tum to grow 10 hectares of Ngoc Linh ginseng and other herbs.

According to Vietnam Ginseng Director Nguyen Tuan Vu, his company spends money on seedlings, farming and protection costs, while farmers cultivate and take care of the trees. The company is responsible for the outlet of finished products.

In 2019, Nui Ngok Herbal Medicine JSC, the predecessor of Vietnam Ginseng, signed a contract on leasing 3 hectares of land in Moza Hamlet in Ngoc Lay Commune in Tu Mo Rong for 20 years to grow herbs.

It has signed a lot of contracts on investing and developing NgocLinh ginseng with many ethnic minority households, including A.K in NgocLay commune (5 hectares), A.P in Te Xang (2 land plots). In 2021, the company signed a contract on developing ginseng garden with A.L in Ngoc Lay commune.

Vu said the NgocLinh ginseng gardens are growing well under the canopy of old forests. The gardens are all fenced for better protection and well cared for.

This is a rare and precious ginseng which can be harvested only after 6-7 years of growing, so the ginseng gardens are protected very strictly. Growers won’t reveal where they cultivate ginseng.

The business is also developing tens of hectares of other precious herbs, including giao co lam (Gynostemma), tu diep thao (Trifolium repens), duong quy (Angelica sinensis) and hong dang sam (Codonopsis pilosula).

The cooperation with local farmers to develop Ngoc Linh ginseng gardens can bring dual benefits – creating jobs for farmers and helping protect old forests in the Central Highlands.

Also, the expansion of ginseng cultivation can help protect precious genetic resources to create high-quality commercial products.

It’s estimated that over 600 hectares of Ngoc Linh ginseng have been planted, mostly in six communes in Tu Mo Rong district and three communes in Dak Glei district. 

Duc Hoang

Investors pour funds into Ngoc Linh ginseng production

Investors pour funds into Ngoc Linh ginseng production

Two new investors – Nutifood and Thien Nhan hospital – have put their footprint in the development and production of thousands of hectares of Ngoc Linh ginseng farms in the central province, promising a worldwide brand for the national product.



Upgrading the market for the sake of all participants

An upgrade to emerging status will not only help the stock market develop quickly, transparently and sustainably, but also attract huge foreign capital inflows, said experts.

Highlights from Prime Minister Pham Minh Chinh's tour to U.S.

Prime Minister Pham Minh Chinh has arrived in Hanoi, wrapping up his tour to the U.S. to attended the ASEAN-U.S. Special Summit and visit the U.S. and the United Nations from May 11-17.


Vietheart Summer Camp 2022 to be held in Czech Republic

Love is in the air at sporting tournament

With the SEA Games 31 nearly at an end, people have been through every level of emotion, from historic wins to inspiring stories and beautiful moments.


Vietnam backs rules-based multilateral trading system: official

HCM City museums seek to digitize, widen reach

Most museums in HCM City are in the process of restoring, upgrading and rearranging their display systems after long closures imposed by the COVID-19 pandemic.

VN determinedly stops slow public investment projects

It is estimated that until May 31, Vietnam disbursed only 22.37 percent of its public investment budget.

Vietnam’s SEA Games football victory finds prominent coverage in foreign media

ESPN ran a front-page story headlined “Vietnam retain Southeast Asian Games gold medal against Thailand to prove they are still force to be reckoned with,” saying “even at the simplest level, it was a victory with plenty of significance.”


Cambodian sports make giant leap at SEA Games 31

Vietnam’s pangasius exports return to high level

After a period of difficulty in key export markets, Vietnam’s exports of pangasius catfish have recovered and grown strongly in the early months of 2022.

New record, big stride of Vietnam’s sport

Vietnam have wrapped up their SEA Games 31 run at the top of the medal table with 205 golds, including the much-anticipated one in the men’s football claimed on May 22 night.

More favourable rule system urged for healthcare PPPs

A more robust legal framework is being sought to strengthen public-private partnerships in the health sector, thus increasing the system’s resilience and sustainability for better preparation for new pandemics.

Vietnam promotes development agenda on WEF 52 sidelines

Deputy PM Le Minh Khai of Vietnam met a number of executives of international organisations and businesses on the sidelines of the ongoing 52nd World Economic Forum in Switzerland to promote connectivity between the government and businesses.

Hanoi’s specialty listed among CNN's best Asian noodle dishes

Pho, Bun cha and Cao lau were praised by US news site CNN to be the best the most mouth-watering noodle dishes across Asia.

Vietnam's special things: Bun rieu served on pink-themed boat at floating market

An old farmer in Gia Lai Province turns bamboo into a micro communal house while a teacher in Quang Nam Province creates unique works of art from discarded leaves.