You need to add a Timer to you form and a Lable
Double click in the timer and it should up the code editor in the Timer Tick event.
In the Tick event you need to update the Lable.
Lable.text = Date.Now or there abouts..
Make sure the timer interval is set to 1 second, (timer is in milli seconds to it will be 1000)
Stick to it and all this will make sense soon.
JAPEL