01 - Rinse rice under cold water until water runs clear. Combine rice, water, and salt in a saucepan. Bring to a boil, reduce heat to low, cover, and simmer for 12–15 minutes until tender. Remove from heat and let stand covered for 5 minutes.
02 - In a medium bowl, combine sliced beef with 2 tablespoons soy sauce and cornstarch. Set aside to marinate for 10 minutes.
03 - Whisk together soy sauce, oyster sauce, hoisin sauce, rice vinegar, brown sugar, sesame oil, and crushed red pepper flakes in a small bowl. Set aside.
04 - Heat 1 tablespoon vegetable oil in a large wok or skillet over high heat. Add beef in a single layer and stir-fry for 2–3 minutes until browned. Transfer beef to a plate.
05 - Add remaining 1 tablespoon vegetable oil to the wok. Stir-fry onion, garlic, ginger, and chilies for 1 minute until fragrant.
06 - Add sliced bell peppers and stir-fry for 2–3 minutes until tender yet crisp.
07 - Return beef to the wok, pour in sauce, and stir-fry for 2–3 minutes until heated through and well coated.
08 - Serve hot over steamed rice and garnish with sliced green onions.