Dulce de Leche

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Instructions

Combine Ingredients: In a large, heavy-bottomed pot, mix the milk, sugar, and baking soda. Cook over low heat, stirring constantly to prevent burning.
Thicken: Continue to cook, stirring frequently, until the mixture becomes thick and caramel-colored, about 1-2 hours.
Flavor: Stir in the vanilla extract.
Cool: Let the dulce de leche cool, then transfer to a jar. It will thicken further as it cools.
Pro Tips:

Stir continuously and keep the heat low to prevent the milk from burning and sticking to the bottom of the pan.
A drop of vanilla extract added at the end of cooking enhances the flavor.

Source

https://www.munchery.com/blog/the-ten-iconic-dishes-of-argentina-and-how-to-cook-them-at-home/