Yes it works, but I couldn't get VLANs to work despite tweaks as follows

You need to check the Virtualize Intel VT-x/EPT or AMD-V/RVI

I have a AMD Ryzen 5 3600 6-Core Processor ( 6Core / 12 Threads )

Added to allow Proxmox VLAN'ing

ethernet0.noPromisc = "FALSE"
ethernet0.noForgedSrcAddr = "FALSE"

I also had to shutdown Proxmox and add the following to the Proxmox VMX file because I was getting the "The CPU has been disabled by the guest operating system error" in VMWare Workstation Pro 17.5.2

cpuid.1.eax = "0000:0000:0000:0001:0000:0110:1010:0101"

More information on that error here: