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Four promising local SMEs created a global market entry success

According to Newsis,

Cheongju Chamber of Commerce & Industry announced on Jan. 8 a global market entry success.

Those who’ve made such success stories are HNB9, Donghae Bio, Romancedog and KSC, who’ve taken part in the city project last year, particularly designed to help SMEs form global market networks. Thanks to the customized support programs ranging from market analysis, branding & designing to market entry overseas, these four Korean entrepreneurs successfully broke in the local distribution channels to start business in Vietnam, China and the Philippines.

They’ve raised USD 440,000 in export so far, reaching a series of memorandum of understanding for the supply of products and services worth USD 3.74 million locally.

An official said “Despite the global trade slowdown and relatively narrow window of time to run the project, we’ve all spared no effort to create success stories last year. We’ll make the project the best as possible.”

Source Text

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Source: Newsis (Jan. 8, 2020)

*This article was translated from Korean.