I do seem to be able to select hyperlinks even in Zoom mode, when I move over the object that contains the hyperlink I get the "CTRL + click to follow link", and performing this does try to load the hyperlink whether in Pan or Zoom mode.
I say "try" because I have the relative path problem where it does not find the hyperlink in the correct location, but always looks for it in the current. I have also noticed that in tries to open this hyperlink in a new window, where VVE opened it in the same window.