Hi
Although I don't use a Blu-Ray Burner, VP should create a DVD Movie disc with your system. You should select either NTSC or PAL as these are simply the different formats of storing the video information. Which format you select depends on where you live, PAL for Europe/Australia and NTSC for North America. You should also have the resolution used by Blu-Ray - that is 1280 x 720 or 1920 x 1080. I presume that the program has recognised your burner.
So select your format and click "Create".... If it fails there will be a message. (Normally!)
Nat