Some Vietnamese banks reaped pre-tax profits of millions of U.S. dollars each in the first half of this year, while others reported better performances, according to their business reports updated by Thursday.

In the six-month period, Vietcombank made pre-tax profits of 5,255 billion Vietnamese dong (232.5 million U.S. dollars), VietinBank over 4,800 Vietnamese dong (212.4 million U.S. dollars), BIDV 3,708 billion Vietnamese dong (164.1 million U.S. dollars), and Military Bank or MB 2,524 billion Vietnamese dong (111.7 million U.S. dollars).

Meanwhile, LienVienPostBank reported pre-tax profits of some 900 billion Vietnamese dong (39.8 million U.S. dollars), TPBank 480 billion Vietnamese dong (21.2 million U.S. dollars), Sacombank 427 billion Vietnamese dong (18.9 million U.S. dollars), and BacABank 237 billion Vietnamese dong (10.5 million U.S. dollars).

Non-interest net profits of most of banks with big profits surged between January and June. MB gained non-interest net profits of 661 billion Vietnamese dong (29.2 million U.S. dollars), up 137 percent on-year.

Meanwhile, bad debts of some banks dropped to around 1 percent, including KienLongBank (0.97 percent), MB (1.28 percent), Vietcombank (1.5 percent), and BIDV (2.5 percent).