Quang Nam positioned as medicinal plant hub

The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.

Ngoc Linh ginseng is found within a narrow ecological zone around the peak of Ngoc Linh Mountain. (Photo: VNA)
Ngoc Linh ginseng is found within a narrow ecological zone around the peak of Ngoc Linh Mountain. (Photo: VNA)

Hanoi (VNA) – The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.

The move aims to create a large-scaled, modern, and closed-loop centre encompassing research, cultivation, deep processing, and commercialisation of medicinal plants.

Unlocking potential for stronger development

Vietnam boasts a rich diversity of medicinal plants, with over 5,000 species known for their therapeutic properties. However, the country's herbal medicine sector has yet to fully tap into this potential. Most activities remain focused on raw material exploitation with low added value, limiting the industry’s competitiveness in the global market.

According to the Ministry of Health, the central coastal and Central Highlands regions are home to numerous valuable medicinal plants with high economic and medical potential. Notably, Ngoc Linh ginseng, known as a “national treasure”, is considered one of the rarest and most precious ginseng varieties in the world, endemic to Ngoc Linh Mountain spanning Quang Nam and Kon Tum provinces.

Ngoc Linh ginseng is currently found within a narrow ecological zone around the peak of Ngoc Linh Mountain. It grows under the canopy of primary forests across Nam Tra My district (Quang Nam), and Dak Glei and Tu Mo Rong districts (Kon Tum). In Quang Nam, the ginseng has already been successfully transplanted to seven out of 10 communes in Nam Tra My district.

ngoc-linh2.jpg
Ngoc Linh ginseng, known as a “national treasure”, is considered one of the rarest and most precious ginseng varieties in the world, endemic to Ngoc Linh Mountain spanning Quang Nam and Kon Tum provinces. (Photo: VNA)

Nam Tra My district has completed procedures for leasing forest environment for Ngoc Linh ginseng cultivation, covering a total area of over 800 ha.

Meanwhile, in Kon Tum, nearly 3,000 ha of land has been dedicated to Ngoc Linh ginseng cultivation. This province is developing a hi-tech centre for propagating, conserving, and developing medicinal plants in Tu Mo Rong district, covering an area of about 60 ha.

Vice Chairman of the Quang Nam provincial People's Committee Ho Quang Buu said that in recent years, several businesses have invested in producing various products from Ngoc Linh ginseng such as candies, tea, and nutritional supplements.

Notably, alongside encouraging local residents to expand the ginseng cultivation area, Nam Tra My authorities have paid attention to promoting trade and expanding the market for this valuable plant. In addition to monthly markets and an annual ginseng festival, the district has adopted policies to support and attract companies and business households to engage in deep processing of Ngoc Linh ginseng products. Thanks to these efforts, most of the district’s 25 provincial-level OCOP (One Commune, One Product) items rated three or four stars are made from Ngoc Linh ginseng.

Establishing production and business chain

Quang Nam has drawn up plans to establish a medicinal plant industry centre as part of efforts to realise the Government’s vision.

The PM-approved plan aims to comprehensively develop material zones and systems for processing, production, and trading while promoting scientific research so as to gradually transform Quang Nam into the country's leading hub for the medicinal plant industry. It also seeks to unlock the potential of Ngoc Linh ginseng as a national product, as well as other local medicinal plants, thereby helping turn Vietnam’s medicinal plant industry into a high-value one.

Buu said Quang Nam will coordinate with provinces and cities in the central coastal and Central Highlands regions to devise and implement measures for developing a chain of production, processing, and trading of medicinal plants and related products.

Priority will be given to expanding cultivation areas, with Ngoc Linh ginseng as the key crop along with others that Quang Nam and Kon Tum are strong at such as ba kich (Morinda officinalis How), dang sam (Codonopsis pilosula), and sa nhan tim (Wurfbainia longiligularis).

Quang Nam will also step up research and apply modern technologies to enhance the cultivation and processing of Ngoc Linh ginseng and diversify related products, thus capitalising on the unique value of this national treasure, building a strong brand, and promoting local tourism.

Besides, domestic and international trade promotion activities will be boosted while businesses assisted in marketing herbal products and developing tourism services linked with medicinal plant cultivation, according to the official./.

VNA

See more

Workers produce textile and garment for export. (Illustrative photo: VNA)

Israeli firms step up sourcing from Vietnam

The conflicts have caused serious disruptions to Israel’s external supply chains, leading to greater demand for a wide range of imported goods. As a result, Israeli enterprises are intensifying efforts to diversify sources of supply, including from Vietnam, to meet domestic consumption needs.

An overview of the seminar. (Photo: VNA)

Traceability emerges as a key to sustainable digital economy

Scandals involving counterfeit goods, unsafe food and substandard pharmaceuticals not only cause economic losses but also erode public trust. On a global scale, verification and traceability are among the top criteria that businesses must maintain to ensure credibility, enhance competitiveness and meet stringent international trade standards.

Vietnamese Ambassador to Japan Pham Quang Hieu speaks at the dialogue. (Photo: VNA)

Vietnam-Japan business dialogue boosts cooperation prospects

The dialogue offered Japanese businesses an opportunity to gain the most updated insights into Vietnam’s socio-economic landscape as well as its new policies, and to exchange views on potential future collaboration in various sectors.

By June 2025, total credit had reached over 17.2 quadrillion VND (658.43 billion USD), up 9.9% from end-2024 and 19.32% year-on-year—the highest growth rate since 2023 (Photo: VNA)

Central bank rolls out measures to support economic growth

By June 2025, Vietnam's total credit had reached over 17.2 quadrillion VND (658.43 billion USD), up 9.9% from end-2024 and 19.32% year-on-year—the highest growth rate since 2023—signalling strong recovery in manufacturing, agriculture, and supporting sectors.

UOB raises Vietnam’s GDP growth forecast to 6.9% for 2025 - Illustrative image (Photo: VNA)

UOB raises Vietnam’s GDP growth forecast to 6.9% for 2025

According to a report released by UOB's Global Economics & Market Research Unit released on July 8, Vietnam’s real GDP grew by a robust 7.96% year-on-year in the second quarter of 2025, significantly exceeding Bloomberg’s forecast of 6.85%, UOB’s projection of 6.1%, and the revised growth figure of 7.05% in the first quarter.

Vietnam Airlines JSC (HVN) receives approval from the State Securities Commission of Vietnam to issue 900 million shares at 10,000 VND apiece. (Photo: VNA)

Vietnam Airlines receives approval for major share issuance

The planned issuance is expected to raise roughly 9 trillion VND (equivalent to 344.53 million USD), providing the national carrier with additional capital to improve liquidity, reinforce its financial foundation, and advance its post-pandemic recovery and growth strategy.

Passengers board a Vietnam Airlines flight (Photo: VNA)

Vietnamese aviation industry takes off

According to the Civil Aviation Authority of Vietnam (CAAV), in the first half of 2025, Vietnam's aviation industry served 41.3 million passengers, representing a 10% increase compared to the same period in 2024. Notably, the international market accounted for 23 million passengers, up by 13%, while the domestic maintained a steady 7% growth with 18.4 million passengers.

Illustrative photo (Source: VNA)

Vietnam telecom giants step up 5G commercialisation, expansion

The country’s three major network providers – Viettel, VNPT and MobiFone – have so far deployed around 11,000 5G base stations, equivalent to 7.7% of existing 4G stations. These stations now cover all provinces and cities, reaching approximately 26% of the population.

The Thai Binh 2 Thermal Power Plant in Hung Yen province. (Photo courtesy of Petrovietnam)

Thai Binh 2 power plant beats H1 targets, braces for tough H2

According to the plant’s mid-year report, electricity output reached an estimated 3.79 billion kWh, achieving 115% of the target. Revenue was estimated at nearly 7.74 trillion VND (296.1 million USD), 13% above the plan, while post-tax profit was roughly 58 billion VND, thereby reducing planned losses by 114% (equivalent to 461 billion VND).

Vietnamese mango grows into global premium markets

Vietnamese mango grows into global premium markets

To enhance the value chain of speciality fruit commodities with its competitive advantages, Tien Giang province is operating the Hoa Loc mango production–consumption chain project for 2020-2025 with a vision towards 2030.

Prime Minister Pham Minh Chinh meets a representative of Vale, a multinational group specialising in metals, mining, and logistics, in Brazil's Rio de Janeiro city on July 7 (local time). (Photo: VNA)

PM meets Brazilian corporations in Rio de Janeiro

At these meetings, the PM highlighted Vietnam’s current landscape, key development priorities, and its favourable investment and business environment. He also underscored the strong friendship between Vietnam and Brazil, particularly following the upgrade of bilateral ties to a Strategic Partnership in November 2024.

Civil servants and citizens at a taxation office in Hanoi. (Photo: VNA)

Hanoi’s budget revenue surges in H1

The surge was largely driven by domestic revenue, which reached 373.9 trillion VND, meeting 77.5% of the yearly projection and rising 52.7% year-on-year.