Look close at the labels. Normally "paint thinner' is mineral spirits. There are "low odor" paint thinners that are more expensive because they are refined more that regular mineral spirits.
I am not familiar with Varsol, I suspect it is some specialty thinner some paint manufacturer created for their brand of varnish. It could be a blend of mineral spirits with other solvents, possibly intended to dry faster. Check the label of the paint you are using as some paints will specify a special thinner. For example lacquer based paints require lacquer thinner, shellac based finishes require alcohol or a alcohol blend, and automotive enamels require a special blend of solvents.
Edit: I just found this...Varsol is the ExxonMobil Chemical brand for a line of conventional aliphatic fluids with low, medium and high flash points. These fluids boil in the mineral spirits or white spirits range. These grades are characterized by mild odors, clean evaporation and solvency power to meet the requirements of a broad range of applications, often replacing less refined kerosene. Heavier Varsol fluids exhibit tight, well-defined properties that provide more consistent performance than many process oils available today. ..
It appears from this that Varsol is a brand name and there are several different solvents designed for different applications.
I might should point out the possibility of differences in terminology that can cause confusion. In some countries mineral spirits is referred to as "white spirits" while the word "spirits" can also refer to alcohol. Also turpentine which is rarely used today is aka "gum spirits of turpentine'.