Renaming a VMware Virtual Machine
Yes it is possible to change the name of a VMware virtual machine. Also, remember that changing the name of the virtual machine does not imply to the directory, its name remains unchanged.
For changing the name of the selected Virtual Machine you have to:
To imply a new name for a selected virtual machine, VM > Settings, click the Options tab, and select General.
By following this, you can change the name of the Virtual Machine.