vs 

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"How's it going" is a form of "how's it going", a phrase which is often translated as "cómo te va". "Hi" is a form of "hi", an interjection which is often translated as "hola". Learn more about the difference between "how's it going" and "hi" below.
how's it going(
hauz
 
iht
 
go
-
ihng
)
A phrase is a group of words commonly used together (e.g., once upon a time).
phrase
a. cómo te va
A word or phrase used to refer to the second person informal “tú” by their conjugation or implied context (e.g., How are you?).
(informal)
(singular)
How's it going in Santiago?¿Cómo te va en Santiago?
b. cómo le va
A word or phrase used to refer to the second person formal “usted” by their conjugation or implied context (e.g., usted).
(formal)
(singular)
How's it going with the report, Mr. Jones?¿Cómo le va con el informe, Sr. Jones?
c. cómo les va (plural)
How's it going with the lesson? Does anybody have questions?¿Cómo les va con la lección? ¿Alguien tiene alguna pregunta?
d. cómo va
How's it going at Oxford?¿Cómo va Oxford?
e. cómo va todo
I just met Ana last night. How's it going with her?Anoche conocí a Ana. ¿Cómo va todo con ella?
f. qué tal
How's it going in high school? Are you getting good grades?¿Qué tal la secundaria? ¿Sacas buenas calificaciones?
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hi(
hay
)
An interjection is a short utterance that expresses emotion, hesitation, or protest (e.g., Wow!).
interjection
1.
A word or phrase that is commonly used in conversational speech (e.g., skinny, grandma).
(colloquial)
(salutation)
a. hola
Hi! Long time no see!¡Hola! ¡Hacía mucho que no nos veíamos!
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