Hi
Within VP there are no effects that will create 3D text (per se) There is a 3D anaglyph option but this requires 3D glasses to see the effect. The nearest you will get is something like this...

which uses normal text with the addition of a shadow. Unfortunately VP does not have any controls in the text editor to enhance the shadow; change the shadow colour or alter the shadow direction orientation or depth of the shadow. I am sure that this is something that could be developed and would prove very useful. You could then get text similar to this...

Until then you will have to do with a third party program.
Nat