Vietnam and the U.S. should further promote the Comprehensive Strategic Partnership in a more effective and substantive manner, focusing on economic cooperation, said Prime Minister Pham Minh Chinh.

The PM made the statement at a reception in Hanoi on Wednesday for Chief Economist at the U.S. Department of State Emily Blanchard, who is on a working visit to Vietnam.

The two sides reviewed outstanding achievements in the bilateral ties, agreeing that the Vietnam - U.S. relationship has witnessed comprehensive, stable and substantive developments, bringing practical benefits to both countries and contributing to peace, stability, cooperation and development in the region and the world.

They emphasized the significance of the upgrading of the Vietnam - U.S. relationship to a comprehensive strategic partnership in September, saying that this will bring opportunities and practical benefits to both countries.

Blanchard highly valued of Vietnam's outstanding achievements in economic growth, macroeconomic management, and inflation control, expressing her belief that with the increasingly improved investment and business environment in Vietnam, the country will attract more U.S. investors in the time to come.

There remains room for the two sides to further expand cooperation, she said, promising to continue to contribute to promoting and deepening the Vietnam-U.S. relations.

The U.S. is willing to share its experience in economic policy as well as how to coordinate to effectively respond to fluctuations in the global economy, she stated.