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When you are somebody that have brought Red Bull many victories of course there is cause to lock up that driver. In the case of Vettel I would very much expect Red Bull to make a move(before anybody else) locking him up for potentially years to come...its like the Lakers or Heat locking up Bryant or James with a sweet contract. In this case I would expect RB to go the full lenght by throwing him more money and perks/bonuses.
As for alonso renewing, from my understanding his contract expires in 2016 and by then he would be pretty much at the average age of retirement for a F1 driver. With that in mind, from a business point of view Ferrari would be rushing things a bit too early because by then chances he might end up retiring from the sport.
If alonso decides to retire within the next 3 years it pretty much opens a spot for anybody. In the case of hamilton I wouldn't be suprised if ferrari has a pre-contract in the event of such a thing.