vB > Admin > Forum Manager
Where it says "Edit Forum" click the arrow next to it and click "View Permissions". From there you will be able to edit the permissions of Usergroups (such as being able to view the forum or not)
Edit: Make a Usergroup (eg VIP), and set-up subsciptions from the Admin CP so that when someone subscribes they are put into the VIP usergroup. Make sure that only the VIP usergroup along with Admins, Super Mods and Mods only have viewing permission for that forum
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