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The "VVS" Clarity Grades 

VVS1-VVS2

VVS is simply the abbreviation for "very very small" inclusions. Diamonds that are graded VVS contain imperfections that are considered minute and are extremely difficult for a skilled grader to locate under 10x.
In VVS1, they are
extremely difficult to see, visible only from the pavilion or small and shallow enough to be removed by a minor repolishing. In VVS2, they are still very difficult.

To check these out under the scope is quite awesome as the inclusions are usually nothing more than a speck or pinpoint.  As you'll see, it's very important to examine diamonds clean as the smallest amount of dust could be mistaken for an imperfection. Most diamonds in jewelry stores that have been sitting in their showcases, have most assuredly collected some dust if they even have any VVS clarity diamonds in stock.  If you go look at stones with jewelers, MAKE SURE HE CLEANS THE STONES YOU LOOK AT!

VVS1

Generally in VVS1 clarities the incy bincy pinpoint(s) will only be seen from the
pavilion (or bottom side) of the diamond. Here is an excellent example to show
you of a VVS1 clarity and what to expect.  Here's a blowup of it's plot on an AGS
Report.   Note the 2 red pinpoints in the 7:00 position.  The first picture is a zoom
in of those 2 pinpoints. Now note the tiny pinpoint just to the right of the 6:00
pavilion main.  That is the 2nd zoom.

In the face up position it is impossible to see any inclusions.

Here's another example of an incredible VVS1 clarity. 

1.00ct E VVS1 H&A, 1.00ct D VVS1 H&A

VVS2

In the VVS2 grade the inclusions are still considered minute but perhaps a few more pinpoints than are in VVS1 grade stones.  Any VVS clarity be it a VVS1 or VVS2 are immaculate under the microscope.  Here are a few VVS2's to examine under the microscope.

1.09ct D VVS2 H&A, 1.045ct F VVS2 H&A, 1.15ct G VVS2 H&A