Vietnam has high potential to develop a ginseng farming and processing industry that generates billions of USD, stated President Nguyen Xuan Phuc at the opening of the Lai Chau Ginseng Fair 2022 in the northern mountainous province of Lai Chau on November 11.
Quang Nam authorities and the Vietnam Administration of Forestry has set a goal to cultivate as much as 200,000ha of panax ginseng and promote it to the international market.
Prime Minister Nguyen Xuan Phuc recently signed a decision to add three more products - brackish water shrimp, high-quality coffee and ginseng - to the list of national products.
About 10,000 local residents and tourists are expected to join the first Ngoc Linh Ginseng Festival – part of cultural events during the sixth Quang Nam Heritage Festival – in Nam Tra My district on June 13-16.