VEF is an acronym for Valsts Elektrotehniskā Fabrika (State Electrotechnical Plant) is a manufacturer of electrical and electronic products in Latvia.

VEF was founded in 1919. Prior to World War II, VEF manufactured a wide range of products, including aircraft (for example the military fighter VEF Irbitis I-16) and Minox miniature cameras.

During the Soviet period, VEF specialized in electronics and was a part of Latvia's electronic industry which supplied the former Soviet Union with telecommunications equipment and electronics for the military. The five largest state companies were VEF, Radiotehnika , Alfa, Komutators and Elar (which produced components for the other four). In its peak in 1991, VEF employed 20,000 people. Its best known products were telephones, telephone exchanges and radios.

The Latvian electronics industry had trouble competing with Western companies when the markets were opened in the early 1990s. Cited problems included poor service and product quality. Attempts to restructure these firms were not successful and their combined production fell more than 90% between 1993 and 1997. VEF was divided into six smaller companies, most of which no longer exist. Two remaining ones, "VEF KTR" and "VEF Telekom" employ between 100 and 200 people each.