1) Thanks carbajgu, nice catch.

I have tested this option and with npcap version 0.9989 installed the issue is disappeared.

2) Also thanks to cheosman,

I have also tried "disable/enable" Vmware Network Adapter "VMnet0X" (under Control Panel\All Control Panel Items\Network Connections) after the PC waking up from sleep, and worked too. I guess for anyone willing to stay with latest version of npcap, your option is still viable.

* For seamless user experience, I tried with Windows Scheduler to call a script to toggle vmware vnics on PC waking up and worked too. Here is the script I used. Please include a carriage return after the last line to ensure it will be executed. Add any custom Vmware vNICs on your PC if required.

netsh interface set interface "VMware Network Adapter VMnet1" disable
netsh interface set interface "VMware Network Adapter VMnet1" enable
netsh interface set interface "VMware Network Adapter VMnet8" disable
netsh interface set interface "VMware Network Adapter VMnet8" enable

Here is the URL for the windows event used to trigger the script when PC wakeup. 

https://sumtips.com/how-to/run-program-windows-wakes-up-sleep-hibernate/

3) Hopefully, newer version of npcap will be released soon to resolve this issue.

Cheers!