We report the results of multi-epoch very long baseline interferometry (VLBI) water (H2O) maser observations carried out with the VLBI Exploration of Radio Astrometry (VERA) toward the HW3d object within the Cepheus A star-forming region. We measured proper motions of 30 water maser features, tracing a compact bipolar outflow. This outflow is highly collimated, extending through ~400 mas (290 AU), and having a typical proper motion velocity of ~6 mas yr−1 (~21 km s−1). The dynamical timescale of the outflow was estimated to be ~100 years, showing that the outflow is tracing a very early star-formation phase. Our results provide strong support that the HW3d object harbors an internal massive protostar, as previous observations suggested. In addition, we have analyzed Very Large Array (VLA) archive 1.3 cm continuum data of the 1995 and 2006 epochs obtained towards Cepheus A. These results indicate possible different protostars around HW3d and/or strong variability in its radio continuum emission.