VMware Agent ERROR: "Please review the credentials used by the agent for accessing the VC" (4314313)

VMware performance data is not appearing within the Foglight VMware dashboards.

Within the VMwarePerformance agent logs, the following type of messages can be seen:

ERROR   [FglAM:IncomingMessage[4]-24] com.quest.agent.esx.ESXAgent - Could not validate with vCenter https://vcenter.yourdomain.com:443/sdk. code=203, VI SDK invoke Login, exception:InvalidLogin:null; nested exception is: 
    com.vmware.vim25.InvalidLogin
java.rmi.RemoteException: VI SDK invoke Login, exception:InvalidLogin:null; nested exception is:

ECHO    <VMwarePerformance/[VERSION]/VMwarePerformance/Monitor-VMWare-01-agent> FATAL [Quartz[0]-7] com.quest.agent.esx.task.PerformanceTask - An error has occurred while attempting to connect to the VirtualCenter.  Please review the credentials used by the agent for accessing the VirtualCenter. 

Error VI SDK invoke Login, exception:InvalidLogin usually indicates that there is a problem with the credentials used for authentication; some common causes:

• Incorrect username or password 
• The user is missing the domain in the credential definition
• Expired password
• The account is locked
• Insufficient permissions

Ensure the monitoring user is able to connect to the Virtual Center host and has the necessary privileges. Complete the following steps to update the credentials:

1. Go to the VMWare Environment dashboard
2. Select the Administration tab
3. Click on Edit Properties
4. Select the option Click To Edit The Credential Password
5. Verify the User Name and Password then Save changes; for example:

   Wrong: vmwarefoglight
   Correct: domain\vmwarefoglight or vmwarefoglight@domain