Are you trying to show a HTML tag and it's value?

77 Form1-Ef-1-Value PIC  X(30)   VALUE IS "<p> test of html </p>".

01 Form1.

          03 Form1-Ef-1, Entry-Field,  VALUE Form1-Ef-1-Value.

On display, this shows the tag in the entry-field .. is this what you are looking for?

If you want to render the html, you'll need to use the Web Browser control.  (Although, there might be a simplified 3rd-party ActiveX control out there that you could use).

To use the Web Browser control, you'll need to write the HTML out to a temporary line-sequential file, then load it using the "file://" schema in your URL.  Assuming the file is in the current working directory, and you've already defined and displayed a Web Browser control with handle Screen2-Wb-1, then this code should work:

       Screen2-Aft-Create.
           move spaces to current-directory, html-location-url
           call "c$chdir" using current-directory
           inspect current-directory 
               replacing trailing spaces by low-values
           inspect html-file-name
               replacing trailing spaces by low-values
           string  "file://"           delimited by size
                   current-directory   delimited by low-values
                   "\\"                 delimited by size
                   html-file-name      delimited by low-values
                into html-location-url
           end-string
           modify Screen2-Wb-1, value = html-location-url
           .