No se puede, solo lo puedes hacer por medio de codigo, por si no sabes como hacerlo te recorte algo de la ayuda que habla de esto.
In Visual Basic .NET, graphics are provided by the System.Drawing namespace, which encapsulates the new GDI+ APIs. GDI+ expands upon the graphics capabilities of Visual Basic 6.0, but the methods are not compatible. When an application is upgraded from Visual Basic 6.0, graphics methods are not upgraded.
The following example shows the code used to draw a circle in the upper left corner of a form using Visual Basic 6.0 and Visual Basic .NET:
\' Visual Basic 6.0
Private Sub Form_Click()
\' Set the ScaleMode to pixels.
Me.ScaleMode = 3
Me.Circle (50, 50), 50, vbRed
End Sub
\' Visual Basic .NET
Private Sub Form1_Click(ByVal sender As Object, ByVal e As System.EventArgs) Handles MyBase.Click
\' Create a Pen object.
Dim pen As New Drawing.Pen(System.Drawing.Color.Red, 1)
Me.CreateGraphics.DrawEllipse(pen, 0, 0, 100, 100)
Pen.Dispose
End Sub