First part of the problem is understanding what format the MHT file is in:
What is MHT? What Opens a MHT? File Format List from WhatIs.com[
^]
Knowing what it is, it makes sense that you don't need to convert it but instead open it in the
WebBrowser
control instead. The
WebBrowser
control uses the IE (not edge) engine, so if you can open the MHT file in IE, then it will work with this control.