Da Nang residents in disadvantaged areas get 100% support for Ngọc Linh ginseng seedlings

Da Nang is implementing a new policy to provide significant support for the cultivation of high-value medicinal plants, including Ngọc Linh ginseng and the endemic Trà My cinnamon. The initiative aims to boost local economies in disadvantaged areas by subsidizing the cost of essential seedlings.

Households and groups in designated conservation and development zones for Ngọc Linh ginseng, as well as areas approved for transplanting the plant, will be eligible for support. This includes specific communes in Nam Trà My, Trà Linh, Trà Tập, Trà Leng, and Trà Vân, along with other approved medicinal plant cultivation zones within the city.

While most eligible individuals and groups will receive up to 80% of the seedling purchase price, those residing in extremely disadvantaged areas will benefit from 100% coverage for Ngọc Linh ginseng and Trà My cinnamon seedlings. The policy also extends to supporting the establishment of production facilities, such as seed forests and nurseries, with subsidies covering up to 50% of investment costs, capped at specific amounts per hectare or project.

For Ngọc Linh ginseng specifically, which is identified as a key crop, additional support mechanisms are in place. Organizations undertaking projects for its cultivation can receive up to 5% of the total investment cost, with a maximum subsidy of 2 billion VND per project. These measures underscore Da Nang's commitment to developing its agricultural sector, particularly in high-value medicinal plants.