The traffic shaping policy is configured on the PortGroup from the vSwitch/VDS perspective.
Therefore, when using the GUI:
- Egress is traffic sent out from the vSwitch to the virtual machine
- Ingress is traffic coming into the vSwitch from the virtual machine
Note: The Performance tab shows the transmit values in KBps, whereas the Traffic Shaping tab under PortGroup settings shows the values in Kbps.