'How to save a portion the clip independently of the rest the clip and save it in the same format as the larger clip for later use'

lichtend

c_major_2

Try enable Enable lossless video Exporting in Option -> Export -> Other. Then export a project that only contains the portion of the clip.

With the lossless option turned on, VP will try use the data packages from the original video stream if possible. Therefore, resolution, frame rate etc. must not changed.

This feature currently only supports H264 codec. We are adding other codec into the feature.