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PHOTO: Nice Rock! Vanessa Minnillo Shows Off Engagement Ring

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Nov. 5 2010, Published 3:34 p.m. ET

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Yes, diamonds really are a girl's best friend!

A beaming Vanessa Minnillo proudly showed off her gorgeous engagement ring Thursday in Mexico where she's vacationing with fiance Nick Lachey and some pals.

The ring is an Asscher-cut diamond with baguettes from Bader & Garrin.

"We're excited and incredibly happy about our engagement and we look forward to a wonderful future together," the couple announced in a joint statement after word leaked of their impending nuptials.

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Simon Cowell's Bride's Stunning Engagement Ring

Lachey, 36, popped the question in traditional form to Minnillo, 29, last Thursday.

On his Twitter page Friday, Lachey wrote: I popped the question on bended knee. I do a lot of squats so my knees are very strong.

The couple began dating in 2006, a year after he split from wife Jessica Simpson.

Lachey and Minnillo broke up for a while last year before reuniting.

No wedding date has been announced.

Interesting fact: Lachey and Minnillo share the same birthday; on Tuesday, November 9th, she turns 30 while he turns 37.

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