In a nutshell, no. If it has been exposed to air for any length of time, bacteria which convert alcohol to vinegar will enter it and start the process it is irreversible. You might be better off going for a full conversion to vinegar.
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You'll want good quality wine that's not too strong -- 10-11% alcohol -- because too much alcohol inhibits the activity of the bacteria that transform the wine. If the wine is too weak, on the other hand, the vinegar won't keep well.
There are several ways to proceed.
The simplest is to leave an open, 3/4 filled bottle of wine in a warm place for a couple of weeks.
This technique yields just one bottle, however. For a steady supply of vinegar, take a wide-mouthed glass jug whose capacity is at least a gallon and pour a quart of wine and a cup of vinegar into it. Keep the container covered most of the time, but open it for a half hour every day. In a couple of weeks the madre, a viscous starter, will have settled to the bottom of the jug, while the vinegar above it will be ready for use. Add more wine as you remove vinegar to keep the level in the jug constant.
If you want to make wine vinegar in larger batches, procure a 1-gallon (5 liter) cask that has a spigot at one end. If it's new, rinse it with vinegar and let it dry. Next, fill it to within a couple of inches of the top with wine and put it, uncovered, in a place that's about 68 degrees F (20 C). In a couple of weeks the wine will be vinegar. Drain it from the cask using the spigot, and, if you can, bottle it during a waning moon because it will be clearer. Replace the vinegar removed with more wine, pouring it into the cask with a length of hose so as to leave the surface molds undisturbed.
Time flies like an arrow; vinegar flies like an uncovered wine must.