Visual Basic Chart Control Activation

VB2010 Chart control requires  .NET Framework 4.0.
To determine what .NET Framework version your application uses, follow these steps:

1.  
1. Right click the  Solution explorer  
2. Select Properties  
3. In Properties select Compile  
4. Click the Advanced Compile Options button
5. There is a drop down for Target framework  
6. It needs to be set to 4.0 framework for the charts, drop down for selecting 4.0 framework.

Source: https://social.msdn.microsoft.com/Forums/en-US/213e272a-3d29-42c1-9b01-7f3b26a3be49/visual-basic-chart-control-activation?forum=MSWinWebChart