VIPM does not facilitate any connection to hardware devices. It is used to distribute LabVIEW addon modules.
LabVIEW 7.1 is extremely old so I'm don't know exactly what modules it contains but I would assume it has some sort of serial communication driver like NI VISA. You would need to use this module to use serial communication with your device.
If you would like to use a LabVIEW addon like LINX to use your Arduino UNO, you should upgrade to the latest version of LabVIEW and install LINX. LabVIEW 2011 is the oldest version of LabVIEW that can currently be used to use LINX for communication with an Arduino.
