This is the 8998th most frequent Spanish word.
vds
"Vds" is an abbreviation for "ustedes," meaning "you" (plural, formal/informal depending on the region).
In this sentence, 'vds' is used as an abbreviation for 'ustedes', which is a formal plural form addressing more than one person.
¿Cómo están vds hoy en la reunión?
How are you all today at the meeting?
Here, 'vds' again substitutes for 'ustedes', commonly in formal writing or speech.
Vds tienen la oportunidad de hacer preguntas al final.
You all have the opportunity to ask questions at the end.
This demonstrates 'vds' referring to 'ustedes' in a polite and formal discourse.