Season the beef with salt and pepper. Sear in oil until browned, then set aside.
Sear the potatoes, carrots, and bell peppers. Set aside.
Sauté the garlic and onion until softened. Add the crushed red pepper.
Add the beef back to the pot with the tomato sauce and chicken base dissolved in hot water. Bring to a boil.
Add the bay leaves, fish sauce, sugar, salt, and pepper. Lower the heat and cover. Simmer until the beef is tender.
Add the potatoes and carrots and cook until almost tender.
Add the bell peppers, sweet pickles, olives, and liver spread. Cook until heated through and the sauce thickens slightly.
Taste and add more salt and black pepper if needed. Turn off the heat.