The new V-MCM-41 molecular sieves with good ordered hexagonal mesoporous structure and crystallinity were synthesized through in-situ hydrothermal preparation method. The effects of the crystallization time were discussed. The synthesized samples were characterized by X-ray diffraction, N2 adsorption/desorption, Fourier transformed infrared and scanning electron microscopy. The different structures, textures, morphologies of V-MCM-41 obtained with different crystallization times were observed and analyzed on the basis of the characterized results. The results showed that the V-MCM-41 molecular sieve obtained at 110°C for 48h crystallization times was of good spherical morphology, ordered hexagonal structure, most uniform pore size distribution and high surface area compared with other samples. Meanwhile, the V-MCM-41 molecular sieve with the high skeleton Si condensation and the good crystallinity was obtained. The heteroatom could be incorporated into MCM-41 framework with increasing crystallization times, which was beneficial to improve the catalytic activity and selectivity of pure siliceous MCM-41. The V-MCM-41 showed the good catalytic selectivity in catalytic oxidation of styrene using hydrogen peroxide, and the selectivity of the benzaldehyde and phenylacetic acid reached 30.68% and 49.44%, respectively.