Vanquish = to defeat (or simply beat your enemy). 打败你的敌人
Conquer = to beat and rule over your enemy. 打败并统治你的敌人
Example:
The Emperor had to vanquish many enemies. He made his empire bigger with conquest of rival kingdoms.
皇帝打败了很多敌人。他通过打败并统治敌对王国来使得他自己的帝国壮大。