No. Video "cutting" is a complicated job in any language - you are best off to use an external program such as ffmpeg which will do it for you via Process.Start and providing the command line arguments:
Process.Start("PathToExeFile\ffmpeg.exe", "-sameq -t 60 -i InputFile.avi OutputFile.avi")
will trim it to the first minute for example.
You can get ffmpeg here:
Download FFmpeg[
^] and the command line switches are described here:
ffmpeg Documentation[
^] but don't expect this to be trivial reading!
You may also need to install a codec pack on your computer to get it all to work.