VPP here seems to be a "user-mode network stack", as far as I can tell. I was kind of attracted to the title because I was hoping for SIMD / Vector compute maybe even GPUs, but that doesn't seem to be the case.
Still, a usermode network stack is apparently a must-have for any very-high performance network application. I've never needed it, but a lot of optimizers talk about how "slow" Linux networking is when you actually benchmark it.