(HNM) - Afternoon 27-9, Stone Wall tiles Cty time high (Vicostone), the member of shares TCty Export Construction and Vietnam (Vinaconex), has signed a contract to establish Joint venture with Stone Style Company WK Marble & Granite PTY of Australia.

Joint venture will build a time machine Stone Wall tiles advanced artificial, in that phase 1 has a total capital of 700 billion VND (equivalent to 44 million USD), with capital contribution rate of 35% Vicostone, WK Marble & Granite PTY 65 %. The next phase will be implemented in the period 2009-2011 with a total capital of 2,430 billion VND (equivalent to 150 million USD).