Two options:
1) Use a bridged NIC. The VM will have an IP address in the same subnet as the host machine, assuming DHCP is active. That's the simplest.
2) If VMware Workstation, attach the VM to the NAT switch. In Network Configuration you can then port forward so when your host IP receives traffic on port X it can forward that traffic to NAT client IP port X (or Y). I can't remember if VMware Player has NAT port forwarding.