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HAX [NON-RATED] - Value stock with growth potential from expansion in Hanoi - Small Cap Research

HAX (Haxaco) is a well-known dealer of Mercedes-Benz Vietnam. In 2005, the company passed Mercedes-Benz’s international criteria to become its first authorized dealer in Vietnam. HAX is now regarded as providing the best repairs and maintenance among the three authorized dealers of Mercedes-Benz Vietnam (MBV). Being an authorized dealer of MBV gives HAX great flexibility on selling price and provides support from MBV in marketing, strategic planning and sales bonuses.