NRAST — Vietnam Secured Transactions Registry
The national online collateral registry under Vietnam's Ministry of Justice, developed with IFC and World Bank technical support.
The short story, before the long one.
Vietnam's National Registration Agency for Secured Transactions (NRAST), under the Ministry of Justice, runs the country's collateral registry — the legal infrastructure that supports SME access to credit.
- Vietnam's first digital secured-transaction registry (launched 2012)
- Major usability overhaul (2016) with mobile compatibility
- Online payment gateway supporting international + local bank cards (2020)
What they needed.
Vietnam's National Registration Agency for Secured Transactions (NRAST), under the Ministry of Justice, runs the country's collateral registry — the legal infrastructure that supports SME access to credit. Pre-2012, it was a paper system that required physical visits to centres in Hanoi, HCMC or Da Nang. Real-time data wasn't available; paperwork was cumbersome. Working with IFC and the World Bank, NRAST set out to digitise the whole thing — and stay on the upgrade path for over a decade.
The work, in detail.
From paper to platform
Before 2012, registering a secured transaction in Vietnam meant a trip to one of three physical centres. The first online registry — launched with IFC and World Bank technical support — eliminated that requirement and put the registry on a path the whole banking system could plug into.
Continuous modernisation
A substantial 2016 overhaul brought the platform up to contemporary usability standards and added mobile access. In 2020, online payments and digital signatures landed: registration is now end-to-end electronic, no paper at any step.
Single sign-on with the Public Service Portal
Integration with Vietnam's Public Service Portal means citizens and businesses use the same identity to file, search and pay across government services. Real-time synchronisation keeps the registry in step with downstream systems.
A decade and counting
Through every phase, DTN has been NRAST's long-term technology partner — modernising in steps that the agency, banks and businesses can absorb without disrupting the broader credit ecosystem.
What we shipped.
A closer look.
Results.
Let's build something worth scaling.
Book a 30-minute call. We'll listen first, propose second — and tell you if we're not the right fit.