Probably has nothing to do with VSA or ABS.

Sounds like a fairly severe drive train (engine/transmission...) problem - severe enough that the "limp home" mode was activated.  The limp home mode is when the engine or transmission controller detects a severe fault and does not allow full speed/all gears.  That's why the car is not going >40.  Knowing it's a Honda, I would bet on transmission problem.

The VSA light is on because it receives information from the drive train that the engine cannot respond to VSA's torque control request so it shuts down.  So you will not have traction control and VSA (vehicle stability assist) until the transmission problem is fixed.  ABS should still be available, and most likely NOT the cause for your limited speed.

Not many choices but to take it to the dealer.  Sorry.