Da Nang leaders want to expand cooperation and research Ngoc Linh ginseng with Korean enterprises

Speaking at the summary of the conference "Meeting Korea in Da Nang: Opportunity to enhance cooperation between Da Nang and Korean partners" on the afternoon of August 1, Mr. Doan Ngoc Hung Anh - Vice Chairman of the People's Council of Da Nang City said that, aiming to become a large, smart, creative city by 2045, with its own identity and sustainable development, Da Nang City prioritizes promoting breakthrough cooperation models, integrating technology, connectivity and innovation.

In this orientation, Korea - with its strength in digital transformation, finance, high-tech agriculture, data, cultural industry and tourism, is identified as the leading cooperative partner of Da Nang City, accompanying the city in developing in-depth cooperation activities, associated with the goal of sustainable development.

Regarding local cooperation, Da Nang City wishes to continue to deepen the friendship in many very good fields between Korean localities such as Uiwang, Daegu, Pyeongtaek, Gyeongsangbuk, Gurye, Yeongnam, Muju, Yongin, Osan, Gwangyang...

In the coming time, Da Nang City will proactively review and promote the effective implementation of signed agreements, while seeking more cooperation models in line with the development orientation and vision between the two sides.

Da Nang City also thanked Korean associations, businesses and organizations for recognizing and highly appreciating the city's investment environment.

In particular, the presence and expansion of investment of large corporations and companies such as Dentium, Hyosung, KP Aerospace, Lotte, Panko, Sphere AX... as well as small and medium-sized enterprises are actively contributing to the socio-economic development of the city.

Da Nang City highly appreciates the role of the Korea Tourism Administration in Vietnam in connecting, promoting exchange, cooperation and tourism promotion activities between the two sides.

In the agricultural sector, Da Nang City wishes to expand cooperation with localities and Korean enterprises in the field of high-tech agriculture.

Especially in researching, processing and commercializing valuable products such as Ngoc Linh ginseng - considered the "guarantee" of Vietnam.

Research shows that the stems and roots of Ngoc Linh ginseng contain up to 52 saponin compounds, of which 26 are new types of saponins that are not found in other types of ginseng.