In a large bowl, add the beef, garlic, Chinese 5-spice powder, and fish sauce and stir to coat the meat with the marinade. Marinate for at least 2 hours at room temperature.
Remove the beef from the marinade and drain the liquid.
Cut the lemongrass into chunks and with the back of a large knife, smash the chunks.
In a large skillet, heat the sesame oil over medium high heat. Add the marinated beef and brown it on all sides.
Transfer the meat to a 4- to 6-quart slow cooker. Add the lemongrass, onion, daikon, and carrot. Pour in the beef broth. Add the ginger, star anise, cinnamon, and tomato paste. Cover and cook on LOW for 7 hours, until the beef and vegetables are tender.
Serve the stew with fresh basil and lime wedges.