My Laptop has a VGA Port, can I plug this into my VGA port in the laptop and feed the other side from HDMI to my monitor?

Not this one. It may look like it will work, but it converts HDMI to VGA. Look for a VGA to HDMI that has a USB leg for audio and power.

Questions & Answers: EnLabs CNHDFVGAMBK Active 1080P HDMI-compatible Female to VGA Male Converter Adapter Dongle with 3.5mm Stereo Audio portable HDMI-compatible Connector for Laptop PC PS3 Xbox STB Blu-ray DVD TV Stick

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Item#: 9SIACJF6PP9614
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EnLabs CNHDFVGAMBK Active 1080P HDMI-compatible Female to VGA Male Converter Adapter Dongle with 3.5mm Stereo Audio portable HDMI-compatible Connector for Laptop PC PS3 Xbox STB Blu-ray DVD TV Stick

Convert monitor or projector with VGA port to HDMI-compatible
Supports resolutions up to 1920x1080 and 1600x1200 for HD monitors
Integrated audio port in the adapter connects to speakers

$12^.39 –