It probably is.
I have another machine with this motor fitted TEC Electric – IE2 2.2kW (3HP) 2 Pole AC Induction Motor 230V or 400V B3 Foot Mount - 90L Frame - AC Motors (Three Phase)
My ABB drive worked great with this motor in vector mode but it would not work with the high speed spindle so the only other thing I can think of is
to connect a standard motor similar to the one in the link to it and see if that will run in vector mode.
If it does then at least you know the VFD is okay but it's either not designed for the high speed spindle in vector mode or it's a combination of parameter changes but which ones I don't know.