Vietnamese Ginseng, known as Panax vietnamensis, is one of the world’s most valuable medicinal plants, but its economic potential has been largely untapped by local communities. At VIGINSENG, we are committed to changing this by empowering ethnic minority farmers in Vietnam’s mountainous regions. Our mission is to provide affordable seedlings, technical training, and sustainable income opportunities, allowing farmers to transition from wild harvesting to structured ginseng cultivation.
Economic potential of Vietnamese ginseng
Vietnamese Ginseng is in high demand both domestically and internationally due to its unique bioactive compounds, which have proven benefits for immune health, stress relief, and chronic disease prevention. However, most ethnic minority farmers have historically relied on wild harvesting, which leads to unstable incomes and threatens biodiversity. Our project aims to shift this dynamic by providing 100 farming households with access to seedlings and agricultural training, enabling them to cultivate ginseng in a controlled and sustainable manner.
By 2030, each participating household is expected to increase their annual income by 50%, reaching an estimated 500 million VND per year. This represents a significant economic transformation, particularly for ethnic communities that have long faced financial instability.
Providing ginseng seedlings at preferential prices from VIGINSENG
One of the biggest barriers to ginseng cultivation has been the high cost of seedlings. Many farmers cannot afford to purchase quality seedlings, leading to low productivity and inconsistent crop yields. VIGINSENG is addressing this challenge by offering high-quality, affordable ginseng seedlings to farmers, ensuring that cost is no longer a limiting factor.
In addition to affordability, we are partnering with biotechnology centers to develop tissue-cultured seedlings, which are more resilient and have higher survival rates compared to traditional propagation methods. This innovation allows us to scale up production while maintaining the genetic integrity of Panax vietnamensis.
Technical training for farmers
Knowledge and technical skills are crucial for the successful cultivation of Vietnamese Ginseng. Many ethnic minority farmers have little access to formal agricultural education, which limits their ability to optimize their farming practices. To bridge this gap, VIGINSENG provides comprehensive training programs, covering:
Optimal soil preparation for ginseng growth
Sustainable irrigation techniques
Organic pest and disease management
Harvesting and post-harvest processing to maximize quality
By equipping farmers with these skills, we are ensuring that ginseng cultivation becomes a profitable and sustainable livelihood for generations to come.
Create a stable consumer market for farmers
One of the main challenges in agricultural development is market access. Without guaranteed buyers, farmers often struggle to sell their produce at fair prices. VIGINSENG is solving this issue by establishing a direct supply chain, where we purchase ginseng from local farmers at competitive prices and connect them with domestic and international buyers.
Our strategy includes:
Direct-to-consumer sales through e-commerce platforms
Partnerships with pharmaceutical and cosmetic companies for bulk purchases
Export opportunities to high-demand markets such as South Korea, Japan, and Europe
By securing stable market access, we eliminate the risk of price fluctuations, ensuring that farmers receive fair and consistent compensation for their hard work.
Socio-economic impact of VIGINSENG
The economic empowerment of ethnic minority farmers through ginseng cultivation has far-reaching benefits:
✅ Increased household income, reducing poverty in rural communities
✅ Financial independence, enabling families to invest in education and healthcare
✅ Reduction of deforestation, as structured farming replaces unsustainable wild harvesting
✅ Preservation of cultural heritage, as traditional herbal knowledge is passed down through generations
VIGINSENG is not just about growing ginseng—it’s about creating long-term economic stability and transforming communities.
VIGINSENG JOINT STOCK COMPANY
Office & Laboratory: T15 – 40, Manhattan Glory, Vinhomes Grand Park, Long Binh Ward, Thu Duc City.
R&D Farm station : Quarter 1 Kim Cuc, Ta Nung, Da Lat, Lam Dong.
Phone: 091 898 33 00
Email : info@viginseng.vn
Business registration and tax registration certificate number: 5801507312 - First registration date: August 15, 2023 issued by the Business Registration Office - Department of Planning and Investment of Lam Dong province.