I've just answered this very same FAQ in another topic. Here we go again:
You can rent/buy bikes in Vietnam and you can go to all the accessible countries, i.e. not China & Burma. You need a paper from the rental co. giving you permission to ride the bike across borders. If you buy it the rego must be in your name. A 125 or a Minsk will be all you can find there.
In Chiang Mai I saw bigger bikes for rent. The Honda 650 Bros is fairly common. However, most bikes in Thailand don't have legal plates, so you can't cross borders on them. You must tell the rental co. that you want to cross borders and it will cost you double. We hired a couple of Honda 250 trail bikes and paid about 1000B/day, no border crossings.
Check out gt-rider.com
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