If you mean moving around (vs. "indenting within the line"), this is described in this Vim Tips Wiki page; use the following mappings:
:vnoremap <A-Right> lholhxp`[1v<Space>
:vnoremap <A-Left> hlohlxhP`[1v<Space>
Note that these are for :set selection=exclusive
; if you use the default (inclusive
), remove the trailing <Space>
from the RHS.