Tech Mahindra today announced that it has inaugurated its Vietnam sales office in Hanoi, bringing jobs, IT expertise and expanding operations in the country and across the region.

Rohit Gandhi, Head-Asia Pacific, India, Middle East & Africa, Tech Mahindra said, "Tech Mahindra's growth in Vietnam has been spurred by the growth in our banking & financial services business. We are also now focusing on retail, manufacturing, oil & gas and the telecom sector. Vietnam is a key part of our regional strategy and is the sixth country in ASEAN where Tech Mahindra now has physical presence. The sales office in Hanoi is another step in being closer to our customers. We plan to work with local universities and increase our headcount to 100 in next 2-3 years."

Shares of the company gained Rs 28.2, or 0.98%, to trade at Rs 2,909.80. The total volume of shares traded was 7,587 at the BSE (11.33 a.m., Thursday).