Virtual Boy is being emulated on the Switch in the Nintendo Museum says Miyamoto

Creating a museum is something that Nintendo shouldn't be doing! Shigeru Miyamoto, the creator of Mario, talks (ign.com)

Machine Translated quote from Miyamoto

Also, I think that Virtual Boy is a hard thing that is not often seen in the world, but this is also on display. I'm using the Switch to emulate Virtual Boy, so if you take a peek, you can see a three-dimensional image of that time.

The Virtual Boy is being emulated on Switch and they also have a Virtual Boy headset based on the previews. I mean it's doable that we can use Labo to play Virtual Boy games. Maybe Nintendo will release the Virtual Boy via NSO sometime in the future.