Created to be easy to learn and use, VB is a modern and capable object oriented language.
Specs
Pros
Pro Capable language
Compiling to the same intermediate language as C# and compiling against the same .NET libraries, the differences between C# and VB are largely syntactic. Most VB features even have a 1:1 correspondence with C#.
Pro Huge community
Being Microsoft's introductory language, visual basic has a strong and large community.
Pro Flexible, won't get in the way of a beginner
A beginner developer can worry about the code logic first, and then learn the language. Visual Basic lets you do basically anything if you really want, while still having the power to be a fully statically-typed and object oriented.
Pro Sibling to C#
If you don't want to start with C# because of its high learning floor, you can start with VB. It is dead easy to switch between the two.
Pro Easy to deal with Win32API
Using platform invoke, it's very easy to use the win32 api in vb.net. Neat and clean syntax. Not a mess like c# (meaning those "{}"s).
Cons
Con Bad reputation
Being a visual basic programmer, you're unlikely to be taken seriously by other programmers. According to the 2015 Stack Overflow survey, it was voted the second most dreaded language among developers.
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Comments
Out of Date Pros + Cons