Many Vietnamese banks unveiled positive business performance results in the first half of this year, with some new records being set, local media reported on Monday.

Among large-sized banks, Vietcombank made a record high pre-tax profit of over 11.1 trillion Vietnamese dong ($482.6 million) in the six-month period, and the bank can gain the profit of over $1 billion this year, compared with the annualized target of 20 trillion Vietnamese dong ($869.6 million), daily newspaper Vietnam News quoted its chairman Nghiem Xuan Thanh as saying.

Among medium-sized banks, TPBank also posted a record high profit of more than 1.6 trillion Vietnamese dong ($70.4 million) between January and June, 1.5 times higher than the same period last year.

Among small-sized banks, Nam A Bank announced a profit of 440 billion Vietnamese dong ($19.1 million), compared with 335 billion Vietnamese dong ($14.6 million) in the same period last year.

Other banks including VIB, Techcombank, ACB and MB also announced impressive half-year results.

Vietnam's central bank has set the 2019 credit growth target at about 14 percent, down from the 17-percent target set for last year. In recent months, the credit structure has shifted its focus towards manufacturing, especially to such prioritized sectors as hi-tech, agriculture and small- and medium-sized enterprises, while loans were tightened to sectors with high potential risks including property and securities.