Visual Studio Code

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Visual Studio Code must be launched from the command line as follows:

code --no-sandbox

Visual Studio Code on Local Desktop

You can install it from the AUR. See How to install applications? for instructions.

Compatibility note

VS Code won't launch from the XFCE Application launcher, you have to launch it from the terminal with an additional flag --no-sandbox. It is an issue that persists with Termux + proot-distro.
Launching as a root user requires the --user-data-dir flag. Why?

However, it is recommended to use a non-root user for running Visual Studio Code. See Creating a Non-root User for instructions.