Been there end of 2009.
I bought a bike in Vietnam and rode it in Laos. No problem.
You can buy a new Honda 100 for around 600USD, the older model, not the one on buebos post.
If I can suggest something it is enter Laos coming from Dien Bien Phu. Small border in a mountain pass (Tay Trang Border), middle in the jungle. Exit Vietnam 15min, enter Laos 15min. All with Vietnam registered bikes. 15$/bike.
The road is awesome, with several river crossings and small branch-made and hanging bridges. After 100kms middle of nowhere you arrive to Muang Khua. From there you could head to northern Thailand or to the center of Laos riding or putting your motorbike in a boat down to Luang Prabang (8h).
You could start in Hanoi, then NW to Sa Pa, to Dien Bien Phu, to Muang Khua etc.
That's what we did.
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"Cosas que escapan a los que sueñan solo de noche..."
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