VEF's star player Cezars Ozers made it to the Soviet Union national team that reached the Olympics title game against the United States in Rome 1960.

VEF Rīga confirmed its status as a Soviet Union League regular, keeping its name in the first division and becoming a hard-to-beat team at any level.

A major addition had taken place, too, as Krumins, the most dominant player in Europe for many years, decided to finish his legendary career at VEF, joining the club in 1964.

Olgerts Altbergs replaced Krauklis as head coach and had a sudden impact, helping VEF to finish fourth in 1965.

The club knocked off Braunschweig but VEF registered two narrow losses against Union Olimpija in the next round to step down before the group stage.

VEF Riga named Rimas Kurtinaitis[3] as the head coach and made some key roster moves like re-signing Sandis Valters along with acquisitions of other top Latvian players such as Kristaps Janičenoks, Kaspars Bērziņš and Dairis Bertāns.

[4] During the season, Kurtinaitis left Riga for Russian powerhouse BC Khimki and he was replaced by another Lithuanian Ramūnas Butautas, who already had experience in Latvia, having won the 2007 Latvian league championship with ASK Rīga.

Rowland, surrounded by a strong core consisting of Latvian players, helped VEF Rīga get wins over well-established teams.

After a very good season, VEF Rīga lost its top players as Bilbao bought out Dairis Bertāns, and E.J.

In the end, affected by injuries and some unexpected events like Derrick Nix leaving the team on the eve of the Latvian League finals, after three years of dominance VEF Rīga lost the domestic championship, losing to Ventspils, 1-4.

In the 2014 off-season, VEF Riga went through rebuilding as several new faces (Jānis Timma, Mareks Mejeris) joined the team.

VEF struggled in international tournaments and failed to make the playoffs, but finished the season by the winning Latvian championship.

[8] Long-time assistant Jānis Gailītis was promoted as a head coach and took the team to the Latvian League finals, but lost to Valmiera/Ordo.

The following season VEF signed Latvian National Team captain Jānis Blūms and another veteran Armands Šķēle.

Following the 2016-17 season, Blums and Skele veterans left the team, but VEF signed another two experienced players: Kristaps Janičenoks and Kaspars Bērziņš.

Instead, VEF returned to international competition stage, joining Basketball Champions League, organized by FIBA.

In 2019 off-season VEF signed back veteran Jānis Blūms and promising Latvian talent Artūrs Kurucs, loaned by Spanish Euroleague team Saski Baskonia.

Debut in Champions League was rough, VEF won only one of 14 games in regular season and was dead last in the standings.