U.S. presidential envoy Witkoff said he hopes that, following negotiations with Russian President Putin, a new round of trilateral talks can be announced with European participation.

A Vietnam Finance Ministry official, Ngo Van Tuan, told a parliamentary session in Hanoi on Thursday that now is not an appropriate time to issue international bonds because global fuel supply disruptions are further pushing inflation. The ministry will continue active communication with international financial institutions, investors and credit-rating agencies while awaiting more favorable conditions. He said market demand for the bond remains, but authorities must weigh financing costs and safeguard the domestic financial system. Vietnamese media had earlier reported officials were considering a USD 1bn sovereign bond with roadshows in regional financial centres.

Interfax reported Russia's deputy foreign minister Ryabkov said negotiations should be followed by measures to prevent the situation from spiraling out of control.