Ngoc Linh ginseng or Vietnamese ginseng (Panax vietnamensis Ha et Grushv) is a specialty of Quang Nam province, which grows on Ngoc Linh Mountain. At present one kilo of fresh Ngoc Linh ginseng is priced at VND12-15 million (US$750-930). Sometimes the price may rise to VND25-30 million ($1,500-1,850) per kilo while a kilo of Korean ginseng is just VND4 million ($250).
Since 1976, Quang Nam province has carried out several Ngoc Linh ginseng research and production projects. However, those projects just focus on the preservation and development of seedlings of this variety of tree.
In 2004, the province implemented a VND2 billion project to develop Ngoc Linh ginseng on Ngoc Linh Mountain. The province now has nearly one million Ngoc Linh ginseng trees on 20ha, mainly in Tra Linh commune in Nam Tra My district.
Ngoc Linh ginseng or Vietnamese ginseng has only been discovered on Ngoc Linh Mountain in the two central provinces of Vietnam, Quang Nam and Kon Tum. Though there has been no dispute of brand of this kind of ginseng so far, Quang Nam province has asked competent bodies to make field trips as foundation to grant a certificate of geographical distinction to Quang Nam or Kon Tum province to help these provinces to develop this rare medical tree.
ref: english.vietnamnet.vn/ tech/2007/09/744863/
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