The 20-year-old has enjoyed huge success as an actress and singer after shooting to fame as wholesome Hannah Montana but, according to Dolly, there's plenty more to Miley than what many of us see.
Dolly told The Evening Standard: "I don't think people really realise yet what a great singer and writer she really is… I would love to do some duets with her. I would love to sing with her and write with her because I think she is so gifted."
Miley's certainly sold millions of records over the years but it could be argued her recent image transformation and controversial stage antics have overshadowed her huge talent.
Need convincing? She co-wrote her smash hit 'We Can't Stop' and has additional writing credits on eight more tracks from album Bangerz, including the title track featuring Britney Spears. The video for her song 'Wrecking Ball' broke the Vevo record for the most views in 24 hours. She co-wrote most of her last album, Can't Be Tamed, as well, including the title track and big songs like 'Liberty Walk' and 'Who Owns My Heart'. And let's not even go into the Hannah Montana ratings or all her movie ticket sales!
Not bad for a 20-year-old!
Meanwhile, Miley has been equally flattering about Dolly - who co-starred with her in Hannah Montana - in recent interviews, telling the December issue of Cosmopolitan magazine that she's learned a lot from the country icon.
"Dolly Parton's my godmother. She's taught me a lot about how you treat people. She always says hi to the person on the bottom of the call sheet. I love that."
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Watch Miley's music video for 'We Can't Stop' below: