Obtaining Reference To Class Instance By String Name?

Is it possible using Reflection or some other method to obtain a reference to a specific class instance from the name of that class instance? For example the framework for the applications I develop heavily uses public class instances such as:
Public bMyreference as MyReference = new MyReference

Then throughout the application bMyReference is used by custom controls and code. One of the properties of the custom controls is the "FieldName" which references a Property in these class instances (bMyReference.MyField) as a string. What I would like to be able to do is analyze this string "bMyReference.MyField" and then refer back to the actual Instance/Property.

In VB6 I would use an EVAL or something simular to convert the string to an actual object but this obviously doesn't work in VB.net. What I'm picturing is something like this:
Dim FieldName as String = MyControl.FieldName ' sets FielName to bMyReference.MyField
Dim FieldObject() as String = FieldName.Split(".") ' Split into the Object / Property
Dim myInstance as Object = ......... ' Obtain a reference to the Instance and set as myInstance
Dim myProperty = myInstance.GetType().GetProperty(FieldObject(1))