|A herb farm in Hòa Vang District in Đà Nẵng. The project aims to develop an organic herb farm for oriental medicine production for export. — VNS Photo Hoàng My |Viet Nam News
ĐÀ NẴNG — The central city of Da Nang and Danapha Pharmaceutical JSC have launched a herb farm in a rural mountainous area near the city to provide products used in oriental medicine.
The project aims to develop 10ha of saffron and ming aralia (Polyscias fruticosa) that meet the World Health Organisation-guided Good Agricultural and Collection Practice (GACP-WHO) standards in Hòa Vang District before expanding to other areas and neighbouring provinces.
Danapha has provided VNĐ6 billion (US$265,000) to help local farmers with technical assistance, fertilizer and seeds.
It’s the first hi-tech herb project launched between farmers and business in the central region.
According to the city’s agricultural and rural development department, local farmers could earn VNĐ100 million ($4,400) from a 500sq.m herb farm each year – five times as much as they earn from rice farming.
The city has called for more investment in herb farms on 400,000sq.m in Hòa Vang District, 20km west of the city centre, and a high-tech agriculture zone on 144ha in Hoà Vang, Ngũ Hành Sơn and Sơn Trà districts with total investment of $66.3 million.
The Đà Nẵng-based Danapha has opened a representative office in Virginia, the US, to look for export markets and technology transfer among US pharmaceutical manufacturing companies.
It earned an export turnover of $6 million last year, of which 80 per cent as balm came from herbal medicine exported to Russia, Eastern Europe and Southeast Asian countries. — VNS