Issue
visual-studio-code-bin is installed from the arch wiki. The only way I know how to actually update the software is reinstalling it again from the arch wiki which is tedious and inconvenient.
Any help is appreciated
Solution
The best way to use VS Code on Arch is to use the open source version on the community repos. Which you can install by doing
sudo pacman -S code
visual-studio-code-bin is the proprietary binary which can be installed from the Arch User Repository.
If for some reason you want to go for the latter approach, you can either use an AUR helper or manage everything manually. You can see the Arch Wiki's page on AUR helpers which shows the different options you have: https://wiki.archlinux.org/index.php/AUR_helpers You can use these helpers to help manage your updates just like you would on pacman.
Here's how you would do things manually: https://wiki.archlinux.org/index.php/Arch_User_Repository#Installing_and_upgrading_packages
Just as a warning, AUR helpers are not supported by Arch Linux and the manual approach, though less user friendly is the recommended way by the Arch Wiki to manage your AUR Packages.
Answered By - Samyak Answer Checked By - Katrina (WPSolving Volunteer)