Not sure if it can do video conferences with E2E encryption, because that could be very difficult (impossible?) or bandwidth intensive.
Now I just need to convince everyone to switch ;)
I could convince more to switch if chat managers like gajim/pidgin etc. would support it out of the box.
It's a good start.
From what I read, they are only matrix clients, not vector clients.
Matrix itself is just a spec / API for sending and receiving messages. Tensor and Quaternion are two other clients that work with a given Matrix home-server. AFAIK all of these clients can utilize Matrix APIs to some degree, however I'm unsure about video conferencing as I only really use Vector. That said though, other clients' capabilities don't really depend on Vector at all, unless they're using https://vector.im as an identity server.