|VMonitor.exe is installed along with the driver for Vimicro PC camera. It is normally located at "%ProgramFiles%\Vimicro %producttype%\"(Where %producttype% is a variable that should be replaced by the product type or brand name of the device installed on your system). If you have Vimicro installed on your computer, then this process is OK with your system, though it is not necessary to automatically started.
It is also reported that vmonitor.exe be related to some malware. If you find this file in system root directory (Windows, System, System32),then it is very likely that your PC could be infected.