Yes, I’ve had W7 and W10 dual boot on my laptop.
You can check here how to set this up:
But you may have a problem with C Elements if you have your license on Soft e licenser. You would be using two different systems. It’s ok if you are using a dongle because you can only run one system at a time.
Not sure about other VSTs.
You need to check how many licenses they allow.