The most generic form of the Navier-Stokes equation is
$$
\frac{\partial (\rho \mathbf{u})}{\partial t} + \nabla \cdot(\rho \mathbf{u} \otimes \mathbf{u}) = \nabla p - \mathbf{f} + \nabla \cdot \mathbf{S},
\tag{1}
$$
in which $\mathbf{S}$ is the shear stress tensor ($\mathbf{S}=\mu\nabla \mathbf{u}$ in your case). The continuity equation is
$$
\frac{\partial \rho}{\partial t}+\nabla \cdot (\rho \mathbf{u})=0.
\tag{2}
$$
Using the product rule for derivatives in equation $(1)$ leads to
$$
\rho \frac{\partial \mathbf{u}}{\partial t} + \mathbf{u}\frac{\partial \rho}{\partial t} + \rho \mathbf{u} \cdot \nabla \mathbf{u} + \mathbf{u} \nabla \cdot(\rho \mathbf{u}) = \nabla p - \mathbf{f} + \nabla \cdot \mathbf{S},
\tag{3}
$$
and using the continuity equation we see that the second and fourth terms in LHS cancel each other, leading to
$$
\rho\left( \frac{\partial \mathbf{u}}{\partial t} + \mathbf{u} \cdot \nabla \mathbf{u} \right) = \nabla p - \mathbf{f} + \nabla \cdot \mathbf{S}.
\tag{4}
$$
Since it's usually assumed that the continuity equation holds, equation $(4)$ is completly equivalent to equation $(1)$. In practice, however, there are some "differences":
Equation $(1)$ is called the conservative form of Navier-Stokes equation, while equation $(4)$ is called the non-conservative form. These names are a bit misleading: both equations are the momentum conservation equations. However, when solving numerically the governing equations of fluid dynamics, it's sometimes more useful to use equation $(1)$. It's basically due to the fact that accross a shock wave the velocity $\mathbf{u}$ is discontinuous (and, therefore, equation $(4)$ has the gradient of a discontinuous function), while $\rho \mathbf{u} \otimes \mathbf{u}$ is continuous even accross the shock. See that equation $(1)$ is called conservative form because it has derivatives of a conserved quantity (the momentum, i.e., $\rho \mathbf{u}$) while equation $(4)$ has derivatives of a non-conserved quantity (the velocity).
Equation $(4)$ explicitly shows the transport of momentum in the term $\mathbf{u} \cdot \nabla \mathbf{u}$. Notice that the conservation equation of the property $\phi$ (which can be enthalpy, vorticity, chemical species, etc.) will have a term $\mathbf{u} \cdot \nabla \phi$. Therefore, equation $(4)$ "looks like" every other conservation equation. It's usually defined the material derivative of property $\phi$ as
$$
\frac{D \phi}{Dt} = \frac{\partial\phi}{\partial t} + \mathbf{u} \cdot \nabla\phi,
$$
which can be interpreted as the rate of change of the property $\phi$ along time in a particle of fluid while this particle is transported by the flow. Then, the conservation equation of any property $\phi$ can be written generically as
$$
\frac{D \phi}{Dt} = \text{source terms},
$$
in which the source terms for the case $\phi=\mathbf{u}$ (i.e., the Navier-Stokes equation) are $(\nabla p - \mathbf{f} + \nabla \cdot \mathbf{S})/\rho$.
Summarizing: both equations are the same. When you need to solve them numerically, equation $(1)$ can be more suitable. If you want to interpret the physical meaning of the terms of Navier-Stokes equation, equation $(4)$ is more suitable.
