Merged in PR #11128

src/vs/workbench/services/configurationResolver/node/configurationResolverService.ts

@@ -49,6 +49,10 @@ export class ConfigurationResolverService implements IConfigurationResolverServi
 		return this._workspaceRoot;
 	}
 
+	private get workspaceRootFolderName(): string {
+		return this.workspaceRoot ? paths.basename(this.workspaceRoot) : '';
+	}
+
 	private get file(): string {
 		return this.getFilePath();
 	}

src/vs/workbench/services/configurationResolver/test/node/configurationResolverService.test.ts

@@ -36,6 +36,10 @@ suite('Configuration Resolver Service', () => {
 		}
 	});
 
+	test('workspace root folder name', () => {
+		assert.strictEqual(configurationResolverService.resolve('abc ${workspaceRootFolderName} xyz'), 'abc workspaceLocation xyz');
+	});
+
 	test('substitute many', () => {
 		if (platform.isWindows) {
 			assert.strictEqual(configurationResolverService.resolve('${workspaceRoot} - ${workspaceRoot}'), '\\VSCode\\workspaceLocation - \\VSCode\\workspaceLocation');