Here's a breakdown:
* Voy: This is the first-person singular form, meaning "I go" or "I am going".
* Va: This is the third-person singular form, meaning "he/she/it goes" or "he/she/it is going".
Example sentences:
* Voy a la escuela. (I am going to school.)
* Va al cine. (He/She/It is going to the cinema.)
Let me know if you have any other questions about Spanish!