No, VR will allow lower shutter speeds handheld than F2.8 will. And you shouldn't compare an F2.8 image with an F4 one due to the different depth of field. Besides, you have VR on Nikon's 24-70 F2.8 since 2016. Wondering why Nikon would make two lenses with so close picture quality and one costs 2 times the other.
Nikon Z 70-200mm f/2.8 VR S Review | Pros & Cons [Related Reading: Nikon Z 35mm f/1.8 S Review | A Near-Flagship Lens in an f/1.8 Package] Image Quality. The Nikon Z 70-200mm f/2.8 VR S could have probably been made as a compact and lightweight lens, thanks to the significantly wider and shorter mount size.
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nikon 24 70 f2 8 vr sample images