At the time I am writing this, the latest is VMware Tools 10.3.2 "12 SEP 2018 | Build 9925305", and can be applied by just running the .exe from inside the Guest OS.
So far I have only used this on 2012R2 VMs, I haven't bothered with the 2008R2/2003/Win7 VMs.
Unless you're having a terribly noticable issue, I'd just suppress it, especially for a Xp VM of which even super early VMware Tools worked fine on it.
P.S.-Don't uninstall a previous version of the tools. It is designed to upgrade over it, or else you will lose the MAC addresses of your vmxnet3 adapters.
