Options to choose in Photoshop for Vector projects

I was aware that AI was the dedicated program for Vectors however I thought Photoshop was also capable. I do have AI but if I'm perfectly honest I'm not fully trained in it yet. However, I have been using Photoshop for years & find it quicker & easier to use if I'm perfectly honest. I have recently had some of my work accepted on Stock as Vector & noticed that they automatically distribute your work as AI, EPS & JPEG. Well, thanks for your help guys just looks like I'm going to have to try harder with AI. 

I agree with @Jumpenjax and @D Fosse to use Illustrator — not Photoshop — when creating vector graphics.

EPS is rarely used these days, as it has been replaced by .ai and .pdf. Many people go so far as to call it a "dead" format. See this help file from Adobe:

https://www.adobe.com/creativecloud/file-types/image/vector/eps-file.html#eps

"Can I open EPS in Photoshop?

"You can open EPS files in Photoshop, but the image will be rasterised — meaning it will be locked for editing."

In your second screenshot, you have 300 ppi (pixels per inch). True vector (as you would create in Illustrator) is resolution independent.

Jane

Photoshop has good-ish vector capabilities, although it's true that illustrator is best suited for this. That said, the settings you should be using are entirely dependant on the type of output you need. Need something for printing? (An illustrated poster for example) You'll need to choose your colour setting according to the printing system to be able to print the colours properly. It's possible that it will be CMYK instead of RGB.

As for saving your files, .eps is a good file format as you'll be able to read it in most software (adobe and non adobe), another possibility is .svg. Your .eps settings are good as far as I'm concerned.

Your main concern would be to use a colour mode that is actually fit for the output you need, in order to design with the right colours in mind. If you are designing for yourself, you'll be the one who choose that depending of what you plan to do with them, but in the case of a client, this will be the client who will dictate how you set up your files.

HTH!

Absolutely right. Use Illustrator! Photoshop does not normally output vector data (except in a very few special circumstances), and it's not designed to do that. Photoshop's vector tools are basically aids for making selections and masks, not intended for finished output.

Saving to eps doesn't make it vector. It's still pixel data inside.

Photoshop does not do illustrator vector. It would be better to just create it in illustrator.