Increasing the proportion of renewable energy generations in remote island power systems is becoming essential for realizing decarbonized society. However, since inverter-connected renewable energies have different generation characteristics from conventional generators, the massive penetration can adversely affect system stability. In particular, fault events in such weak remote systems can cause fast voltage collapse, and there is a need to assess dynamic voltage stability. This study attempts dynamic voltage stability assessment using the critical boundary index (CBI) and investigates the impact of the virtual synchronous generator (VSG) on dynamic voltage stability. A remote island power system and VSG are modeled, and time-domain simulations are conducted with case studies of fault events. The simulation results show the potential of CBI to use for dynamic voltage stability assessment. Furthermore, the VSG can provide suitable power output during fault events and improve dynamic voltage stability.