This program is located in the IDE directory of the Visual Studio directories and varies depending on the version of Visual Studio you have.
One example is
C:\Program Files (x86)\Microsoft Visual Studio 9.0\Common7\IDE\vsta.exe
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Visual Studio 2008 was produced by Microsoft. One of the new features of Visual Studio 2008 was to enable the user to build applications that target multiple versions of the NET Frame
Microsoft Visual Web Developer focuses on the tools required to develop Web applications and is fully incorporated into Microsoft Visual Studio itself. Microsoft Visual Web Developer Express edition is a separate product that makes use of the same integrated development environment as Microsoft Visual Studio itself, but has a more limited set of language features.
.NET Applications are any application developed in Microsoft Visual Studio in any .NET language (including C# and VB.NET). .NET applications can be both windows applications and web applications.
Microsoft has Visual Studio 2005, 2008, and (in beta) 2010. There are also older versions. There is no Visual Studio 2007. (Are you talking about Office 2007?)
Visual Basic Controls work on Visual Studio for Visual Basic and Applications that made by Visual Basic.