The actor was honoured in a ceremony on Hollywood Boulevard earlier today (August 26).
The 46-year-old - who has appeared in films such as xXx, the Fast and the Furious series and The Chronicles of Riddick - becomes the 2,504th star on the Walk of Fame.
His Fast and Furious co-stars Michelle Rodriguez and Jordana Brewster helped dedicate the star, while his Riddick co-star Katee Sackhoff was also present at the ceremony.
"I love Vin Diesel. On top of just being one of my best friends... this man dares to dream when people forget to dream," ABC 7 quotes Rodriguez as saying. "This guy, he looks at the impossible and says, 'When do we start?'"
Diesel will next be seen on the big screen in Riddick, the third instalment in the sci-fi series following on from 2000's cult hit