hmmm... not sure it's connected
I found that VLC crashes when it was started in "normal" way from Finder or via SVP menu BUT it doesn't crash (!) when VLC was started from the Terminal (/Applications/VLC.app/Contents/MacOS/VLC) or via SVP that was started from the Terminal.
This is kind of mysterious
Try to reboot computer (I won't do this cause I only have remote access to Mac).
===
This is because of Homebrew's upgrade to Python 3.8, it doesn't run if LC_CTYPE environment variable is not set, which is the case for macOS. It IS set in Terminal though.
I don't see any simple way to fix this w/o updating SVP so there will be an update ASAP...
for now you can launch VLC from the Terminal.