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The video tutorial covers date functions in VBA, specifically demonstrating how to add years, months, days, seconds, or minutes to a specific date and time using macros. The function mentioned is "Date Add," which allows for these adjustments. The tutorial is set in an Excel VBA environment, with a code already written in the Developer tab. The example given in this video is for the "Date 3" scenario, showcasing the usage of the "Date Add" function to easily modify dates and times.