No, the VW Bus does not meet modern safety standards
The Bus has a reputation for being a deathtrap. That seems more or less accurate. Forget crumple zones, airbags, an engine or even a hood: you're sitting in front of the front wheel and behind a headlight that juts into the cabin. There's nothing but thin sheet metal between you and a frontal collision.
My loaner had a piece of tape asking me not to exceed 55 mph after a previous incident. I’m not sure I would have felt comfortable doing so anyway.