Using a vegetable peeler, cut carrots into very thin lengthwise strips. In a large saucepan, bring 4 cups water to a boil. Add the carrots, asparagus and snow peas; cover and boil for 3 minutes. Drain and immediately place vegetables in ice water. Drain and pat dry. Set aside 3/4 cup carrots for garnish.
Discard seasoning packet from noodles or save for another use. Break noodles into small pieces. Place in a large serving bowl; add the blanched vegetables, red pepper, beans sprouts, water chestnuts and 1 tablespoon sesame seeds.
In a small bowl, whisk the hoisin sauce, vinegar, canola oil, sesame oil, honey, salt, pepper flakes and pepper. Pour over salad; toss to coat. Garnish with reserved carrots and remaining sesame seeds. Serve immediately. Yield: 9 servings.