(VOVworld)- Investors are quickly retrieving their investment capital from Greece, Italy, Spain and other EU members and their next destination will be Vietnam. The Voice of Russia on Wednesday quoted experts as saying that Vietnam’s political and social stability is attracting European investors. The Legatum Institute, an independent agency last year ranked Vietnam 61^st in terms of living standards, up from 77^th the previous year. International financial experts have noted the robustness of the Vietnamese economy over the past decade. Bloomberg forecasts the Vietnamese economy will rank 3^rd in Asia after China and India. According to experts, cheap and plentiful labor in Vietnam will attract multinational companies who are seeking an alternative to increasing costs in China.