Cook the pasta according to the directions on the package. Drain but do not rinse.
While the pasta is cooking, prepare the dressing. In a pan large enough to hold the entire salad, heat the vegetable oil, sesame oil, and red pepper on medium heat for 5 minutes. Add the honey and soy sauce and mix well.
Add the drained pasta and stir until the pasta is well coated. Cover and chill for several hours.
When ready to serve, mix in the cilantro, peanuts, green onions and bell pepper. Garnish with toasted sesame seeds.