Here are my two cents on this. We won't know until late next year or probably until 2022 whether "VU Diploma" will get us two or more certificates or to put it in another terms, recognised by WES. The reason for this is simple. No one before has opted for "VU Diploma" to increase their CRS points for Canadian Immigration. This only became the option when VU discontinued PGD this very year (2020). So I believe it is of no use to ask this question at this moment.
If you are someone like me who can not wait almost 2 years just to get confirmation on this, here is a better question,
The better question to ask would be, what other alternatives are there to VU PGD, that people had actually opted for before and had it verified from WES, IQAS etc.
I am still looking for this answer as I do not want to opt for a Master's Degree in Pakistan for the following reasons:
1 - The point difference in Master's Degree and Two or more certificates is not that significant in my opinion. (just 7 points difference)
2 - It is hard for people with permanent jobs to pursue Master's without quitting the job. (Trust me I have tried to juggle both for one semester)
3 - Even if you somehow do the 2 year Master's, you don't even know whether it will be recognised as equivalent to 2 years Canadian Master's. (a lot can change in 2 years; also I know people who got equivalency to Canadian Master's and others with SAME UNIVERSITY and SAME DEGREE not get it)
4 - It takes 2 freakin' years......
I think this is a very important discussion that will dictate the future of so many of us. So please if someone knows anything on this, or knows any similar thread with good answers please share it with us.