In terms of manufacturing
First Japan. Then China became Japan, now Vietnam and India are becoming China.
Vietnam and India are just the deep pools of intelligent well educated people who can make stuff "on the cheap".
I remember when stuff from Japan was considered sub par quality by my parents and grandparents. I can also remember when most of the products that came out of China were junk (the early to mid 80's). I remember when Korean cars were a laughing stock. Not anymore.
Vietnam is the next "big" thing in manufacturing. India, too. Vietnam is the least risky politically, IMHO. One would think India, but India has problems of their own. It's a good spot to invest in manufacturing of this type because of it's relative location to component sources.
Apple will squeeze a good 10 or so years out of Vietnam. But once the new high tech chip foundries are up and running in North America, look for a lot of the high tech manufacturing to move to South America.
Sure, people stalk about moving final assembly of these products state side, and call it a national security issue, but that's simply not feasible. When you can't get enough qualified people to work as teachers and cops, you're not going to find enough motivated people to warrant a long term investment in manufacturing.
You need a whole generation of people who are willing to work hard and learn new difficult things so as to secure a future for their children. These are usually economically disadvantaged people who have no other way to make a secure decent living.
So, when you move the high level chip manufacturing to North America, and then look for a pool of labor for assembly, South America becomes the most appealing spot. It's isolated from the rest of the world geographically, has a pool of untapped labor, and would be more reliant on the US for alliances and protection.
It's not happening today because these things take a LOT of time to unravel. Most people don't see it because most people can't see the 100K feet view of things, and put the geopolitical and socioeconomic pieces together at the same time, but this is what's happening.
One day, you will see a MBP or iPhone with Made in Peru on the back of it.....