1. Set up a virtual machine of your choice. Click on VM in the top menu of the VMware Server console and select Install VMware Tools.

2. First install some needed pakages:

# apt-get install autoconf automake binutils cpp gcc linux-headers-$(uname -r) make psmisc

3. Next copy the VMware Tools from the mounted iso to the temporary folder:

#  cp /media/cdrom/VMwareTools-1.0.3-44356.tar.gz /tmp/

4. Afterwards switch to the temporary folder and unpack the VMware Tools: 

# cd /tmp/
tar xvfz VMwareTools-1.0.3-44356.tar.gz

5. Next switch to the folder with the unpacked files and execute the installer:

# cd vmware-tools-distrib/
./vmware-install.pl

6. Now you will be asked a few questions relating to installation paths etc. Choose the default value every time (simply hit enter).

Afterwards reboot the vm. After the vm has rebooted, you can start the VMware Tools via:

# vmware-toolbox &