Following is how I see the termial:
Vscode for some reason does not display the folder name and git branch by default. I have vscode on another system with no custom settings made and it displays them plus the colours as well.
vscode settings:
{
"workbench.colorTheme": "Monokai Dimmed",
"workbench.iconTheme": "material-icon-theme",
"terminal.integrated.copyOnSelection": true,
"terminal.integrated.cursorBlinking": true,
}