Using the vCenter vSphere client you need to edit a VM's Virtual Hardware Settings
Select VM > Right Click - select 'Edit Settings'
The 'Edit Settings' window will display but none of the 'Virtual Hardware' settings will display.
The other 2 tabs 'VM Options', 'Advanced Parameters' - will display.
VM with a VMXNET Network adapter.
VM Guest OS is likely a deprecated/legacy
VM's with VMXNET2 or VMXNET3 are not impacted.
Use the ESXi Host Client to edit the VM settings.
Network Adapter should be VMXNET3 ideally.
For guest operating systems in which VMXNET3 is not supported, we recommend using the E1000E virtual network adapter.
VMware Engineering are aware of this and are working to have this in upcoming releases of 8.x & 9.x
Choosing a network adapter for a virtual machine https://knowledge.broadcom.com/external/article/321259/
Understanding guest operating system support levels https://knowledge.broadcom.com/external/article/344481/
VMware Tools compatibility with guest operating systems https://knowledge.broadcom.com/external/article/313371/