HÀ NỘI — Singaporean Prime Minister Lee Hsien Loong’s Việt Nam visit from August 27-29 offers an occasion for leaders of the two countries to set a future agenda for the bilateral relationship, as both look towards dealing with many common challenges, according to Singaporean Ambassador to Việt Nam Jaya Ratnam. “Singapore and Việt Nam are among the top three countries in having the start-up scene in Southeast Asia. The diplomat held that Singapore and Việt Nam could work together not just to develop renewable energy in Việt Nam but also to connect this to the larger ASEAN region through the ASEAN power grid. In October 2022, Singapore and Việt Nam signed an MoU to collaborate on carbon credits, aligned with Article 6 of the Paris Agreement. This puts both Singapore and Việt Nam in excellent positions to capture the opportunities generated by carbon markets.