1
The video file may be encoded in a format that Windows does not natively support, what is the source of the video file.
Have you tried playing the video file in both the old Legacy Windows Media Player and the new Media Player app and does it fail to play in both those apps.
In the error you are seeing, does that mention HEIC/V.
2
Right click the video file and select Properties.
Please provide a screenshot of the resulting Properties dialog.