Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
The yield on the benchmark 10-year Treasury note briefly fell below the 2-year rate on Wednesday, a phenomenon in the bond market known as yield curve inversion, which is...Marketsread more
The MacBook Pro recall and its subsequent ban from flights underscores the increasing brand risk from problems with lithium-ion batteries.Technologyread more
Experts say the timing of Amazon executives' contributions to Rep. David Cicilline likely reflect the company's heightened urgency over growing regulatory scrutiny.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Coinbase security chief Philip Martin explains, "Possession of a key is possession of your currency. What that means is that you can't revoke a cryptocurrency key, if that key...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
The Supreme Court could strike down the constitutionality of the Consumer Financial Protection Bureau, an agency Elizabeth Warren has likened to her child and which Justice...2020 Electionsread more
Bianco Research's James Bianco suggests Wall Street is desperately looking for a signal that a 50 basis point cut is coming next month.Trading Nationread more
The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
As the ongoing U.S.-China trade war threatens to dent exports from the world's two largest economies, analysts have projected that other countries may see Chinese and American demand diverted their way.
"It's a bit early for Vietnam to be benefiting in a big way from trade wars," Bill Stoops, the chief investment officer of asset management company Dragon Capital, told CNBC on Wednesday.
The Southeast Asian nation has been touted as a possible winner in the U.S.-China trade war because of its low cost of manufacturing. Reports indicate that some companies have begun shifting production out of China to avoid tariffs imposed by America.
Vietnam will likely benefit from those adjusted supply chains for a long time, according to Rob Koepp, network director of the Economist Corporate Network.
"It is now set to be kind of a China 2.0, for various reasons, and yeah, it's going to be benefiting and that's going to be long term," he told CNBC on Thursday.
While firms have likely been limited by the logistical constraints of relocating and building new facilities in Vietnam, the country has begun to see new orders "flooding" into its existing industries that have some capacity for increased production, Stoops said.
"We are already starting to see big orders, big export orders flowing, out of nowhere, into the seafood, and the furniture and the garment industry," Stoops told CNBC's Street Signs. "I think this is a harbinger of things to come, as people start to divert business away from China."
"It hasn't happened yet, but it's definitely in the works, and we're starting to see straws in the wind with all these new export orders," he added.
Investors cannot directly buy into the trade substitution theme because few exporters in the benefiting sectors are listed on Vietnam's stock exchange, but there is still a "very strong" case for Vietnamese shares, Stoop said.
"For Dragon Capital, it's still all about playing the domestic economy," he said.
Vietnam's companies have good earnings growth and are trading at a price-to-earnings ratio of around 12 times, according to Stoop, who said that's lower than in neighboring countries.
Corporate governance is improving and the country has political stability, cheap wages and "perfect demographics," he said.
The "turbulent state" of markets meant that the privatization of state-owned enterprises and the listing of companies came to "a bit of a halt" last year, Stoop said. Still, he projected that investors can look forward to more corporate reform in the second and third quarters of 2019.
Vietnam unseated Singapore as Southeast Asia's top grossing market for initial public offerings in 2018.
"Remember, the government has a continuous need for money to help fund its budget deficit," he said. "It has philosophically realized that it is good for the economy to get (state-owned enterprises) off the economy's back."