Even excluding scaffolding, VS can eliminate a lot of the boilerplate that takes time if you need to type it out yourself.
Not saying you can't setup VSC to do those kinds of things also, but VS is a tools included solution out of the box. (I say this as someone who hasn't touched VS in a few years now, but used it daily for a few years before that, and who generally enjoys using good/fast text editors.)
I'm not advocating for people using it necessarily, just saying it is a really high quality IDE if you need or want to use an IDE.