I want to make sure i understand your problem. I believe you want to connect to your VS in VMware form your physical machine and not through a virtual client within VMware. I've been working on a VMware lab also. I have two LTM in active/standby and one GTM. I am able to ping my VS from mt physical machine and even connect to the VS via a browser. Is it possible your PC firewall could be blocking things. Is this what you are trying to do (see below).
kjl0000@(dscclab-ltm1)(cfg-sync Disconnected)(Active)(/Common)(tmos)# sho ltm virtual
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Ltm::Virtual Server: cbt_nuggets_vs
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Status
Availability : available
State : enabled
Reason : The virtual server is available
CMP : enabled
CMP Mode : all-cpus
Destination : 192.168.157.50:80
C:\Users\Jonathan>ping 192.168.157.50
Pinging 192.168.157.50 with 32 bytes of data:
Reply from 192.168.157.50: bytes=32 time=1ms TTL=255
Reply from 192.168.157.50: bytes=32 time=1ms TTL=255
Reply from 192.168.157.50: bytes=32 time=1ms TTL=255
Reply from 192.168.157.50: bytes=32 time=1ms TTL=255