Cut the meat into blocks of 3x4 cm.
Put them in boiling water for 5 minutes and then cool quickly in cold water.
Add the finely chopped garlic, shallots, 1 tablespoon fish sauce, salt and pepper to the meat, mix and let it marinate for 15-30 minutes.
Make the caramel sauce. Add 1 tablespoon of oil and 2 tablespoons of sugar to a pan, melt over a medium heat and caramelize, without stirring. When the sauce starts to brown, the meat can be added. Stir the meat well and let it cook for 3 minutes. Then add the coconut water, then top it up with water until the meat is just below the moisture. Bring to the boil and remove any foam with a strainer.
Turn the heat down and let it simmer for 45 minutes.
Add the eggs and continue to boil for 10 minutes. Add the red chili peppers in the last 5 minutes. Season with fish sauce and possibly extra sugar.