If you power off the VM you can export is as OVF/OVA and import it somewhere else. Depending on how fast this goes mostly depends on the server and your internet connection.
You can also VeeamZIP a VM using the free Veeam B&R version.
i would say ovftool.
ovftool can be installed in win/linux desktops and can import/export VMs from source standalone esxi/NFS/web location to destination Standalone esxi or to vCenter
ovftool allows various supported disk conversion matrix and the source/destination can be original vmdk format or ovf format.
if you prefer to store the disk in intermediate place like NFS/or web then converting the disk to ova or ovf format would be ideal
Are both the hosts part of same cluster? does they share any common datastore???
can you elaobarate more??
As it’s has been already mentioned, in order to meet your expectations you can utilize VeeamZIP functionality, which has come to take FastSCP place.
VeeamZIP is similar to full VM backup. Nevertheless, when you perform backup with VeeamZIP, there is no need to configure a backup job and schedule it; instead, the backup process for selected VMs can be started immediately. Minimum settings are required during this type of backup: backup destination, compression level and enabling or disabling application-aware image processing.
All you need to do is to add both of the hosts to VB&R console, VeeamZIP given VM, restore it to the new host.
Hope this helps.