A vehicle thermal management system includes an Integrated Thermal Management Valve (ITM) for receiving engine coolant through a coolant inlet connected to an engine coolant outlet of an engine, and for distributing the engine coolant flowing out toward a radiator through a coolant outlet flow path connected to a heat exchange system. The heat exchange system includes at least one among a heater core, an Exhaust Gas Recirculation (EGR) cooler, an oil warmer, an Auto Transmission Fluid (ATF) warmer, and the radiator. The thermal management system includes a water pump positioned at the front end of the engine coolant inlet of the engine and a coolant branch flow path branched at the front end of an engine coolant inlet to be connected to the coolant outlet flow path.