Businesses in the northern province of Quang Ninh would greatly benefit if they are able to penetrate the Dubai market, according to a seminar held in the locality on July 9.

The seminar was co-organised by the Quang Ninh Investment Promotion and Support Board and Dubai-based Vchoice Goods and Service Export Promotion Company of Vietnam .

According to Tran Dinh Thien, Director of the Vietnam Institute of Economics, Dubai offers good opportunities not only for Quang Ninh businesses but also to bring international investors and tourists to Vietnam.

Dubai, one of seven emirates that make up the United Arab Emirates , is known as the gateway to the Middle East, Southwest Asia and Africa.

Dubai is the world’s most attractive duty-free market. Companies only pay a very low rate of import tax, ranging from 0-5 percent.

At the seminar, economists advised Vietnamese businesses on how to approach the Dubai market through studying their rivals, building brand names and seeking support from the Vietnamese business community in Dubai.

They said that Quang Ninh has many goods and services suitable for the market, especially Ha Long Bay tourism, farm produce and aquatic products.-VNA