Sear the potatoes and carrots until lightly browned; set aside. Sear the bell peppers just until slightly charred; set aside.
Season the chicken with salt, then sear until browned on both sides. Work in batches if needed; set aside.
Sauté garlic and onion until softened. Add crushed red pepper.
Add tomato sauce, water, chicken base, bay leaves, fish sauce, sugar, and pepper. Stir and bring to a boil.
Return the chicken to the pot. Cover and simmer for about 30 minutes, or until tender. Add water as needed.
Add potatoes and carrots; cook until tender.
Add bell peppers, sweet pickles, olives, and liver spread. Stir until the sauce is smooth; cook about 5 minutes.
Taste, adjust, and serve with rice.