As you're probably getting by now, VMware itself has no options for data replication, except maybe Fault Tolerance. There are backups via vDR but not much else, correct me if I'm wrong. There are a multitude of tools that do replication at the guest, fabric or array level. Double-Take is another great example of a Windows guest level tool to replicate vms, HP and EMC have equivalent tools as well.
If budget is not an issue and your storage is FC then I'm a huge fan of EMC's RecoverPoint product which is vendor agnostic, I've even replicated across different arrays. It's not a cheap solution, more like it's the more expensive solution.
Tim Oudin