What is the best network and VMware config that will be near LACP/etherchannel capability in terms of redundancy if standard vswitch will be used.
Vsphere 6 is the version being used
It depends. Route based on port id is pretty good and low maintenance from an ops perspective or if you want to take a bit more control you can use active passive to dictate which VLAN goes through which NIC (in normal operation).
The default Route Based on Originating Virtual Port load-balancing algorithm is good enough. In majority of cases static or dynamic LAGs are not required.