So I found like a quick hack/cheat on skipping color correction in post using ACEScc color spaces in VP17.
ACEScc color space will automatically match all of the footage color in the timeline no matter what camera you used or color profile you shot in, REC709, REC2020, Slog, REDLog etc as long as you set each individual clip to its original color spaces. (I’m not sure how accurate is this but I found a video online explaining benefits of ACEScc color spaces)
I also found this old tutorial video on using ACEScc color spaces inside Sony VEGAS Pro 13
You can see in this tutorial video he needed to manually downloaded some few files and placed it inside SVP13 in order to use ACEScc color spaces. But now VEGAS Pro 17 has already ACEScc color spaces built in.
But I shot my video in Cine 4 profile and not Slog-2 nor Slog-3 profiles. Is there any way I can custom made Cine 4 profiles and placed it inside VP17 color spaces?