In a saucepan, over medium-low heat, stir the oats, coconut milk and salt. Bring to a boil and cook for 15 minutes.
Remove from heat and add the vanilla, stir until everything is well incorporated.
In a pan, over medium-high heat, add the coconut flakes. Let them toast until golden brown.
Serve the oats in bowls and garnish with the toasted coconut flakes.