VS Code has some pretty good ide features for python, including understanding types, highlighting errors and warnings, linting, navigation features such as go to definition or go to references, and basic refactoring capabilities like rename symbol. These features are enabled by the python language server (pylance, in this case, which is Microsoft's proprietary one).

You can also get the same features in other editors that support the language server protocol. For example, I use neovim and my setup supports those same IDE features I used to use in VS Code for python.