Value Chain Analysis oF Ngoc Linh Ginseng AT Nam tra My District, Quang Nam Province, Vietnam

Abstract

Ngoc Linh ginseng tree has recently been recognized with very high economic value for the farmers at Nam Tra My, which has led both local planters and internal and external enterprises to concentrate on hiring forest environment services for planting. This research was conducted to identify actors in the value chain of Ngoc Linh ginseng, assessing the net profit and added value of actors in the research area, thereby proposing appropriate management policies and mechanisms to exploit the development potential successfully and offering sustainable benefits for the participants, and the local. The primary data source was collected by surveying 246 people comprising planters, collectors, wholesalers, retailers, and Ngoc Linh ginseng processers. Through this study, the farmers play significant roles in maintaining and expanding the production scale; the collectors, wholesalers, and retailers play decisive roles in consumption activities; and the processor role is recorded at a low level. Hence, it is required to plan Ngoc Linh ginseng production area and apply safe production procedures to ensure that Ngoc Linh ginseng quality and invest in high-end production lines and technology for high-quality Ngoc Linh ginseng products.