Conversion of veg files to wmv file format

It appears that you can simply "convert" Vegas PRO projects (.veg) using the File ► Render as.. function. There are several options for saving the project, including WMV, MP4, MOV and some other multimedia formats. Just do not forget to unselect like loop region or the resulting file will be just 1 or couple second long.

Open VEG file    Open WMV file