In a large skillet, heat a drizzle of oil over medium heat. Add lean ground beef, breaking it apart and cook for about 5-7 minutes until browned. Stir in soy sauce and hoisin sauce, simmer for 2 minutes.

Incorporate shredded carrots and chopped bell peppers into the beef mixture, cooking for another 2-3 minutes until vegetables are tender yet crisp.

Soften rice paper wrappers by dipping in warm water for 10-15 seconds, then lay flat on a clean surface.

Place fresh basil leaves in the center of the rice paper, add 2-3 tablespoons of beef mixture, fold edges tightly and roll to complete.

Serve immediately on a platter with your favorite dipping sauces.