For the 3rd time the security path using the com_virtuemart folder of the administrator does not recognize the created directory, suggesting to create new directory.
For this reason several products lose their settings, including the product name changes to "Missing translation for virtuemart_product_id2275"
I'm not sure what you are asking here. I guess that you are trying to set a safe path to a directory in administrator/components/com_templates ? Or something different.
See http://forum.virtuemart.net/index.php?topic=79799.0