Saigon (Ho Chi Minh City) is a huge place and although the centre can be navigated on foot reasonably easily, venturing further afield can be hot and thirsty work.
For the brave, a motorcycle taxi, or Xe Om, is a great way to see the city; travelling without a roof means you can take in a lot more of the city, provided you haven't clenched your eyes shut in fear. Since December 2007 all Xe Oms carry spare helmets for their passengers so this is now safer than it was. Be prepared to haggle for your fare though!
For the rest of us, taxis are a cheap, cool and comfortable. Escape from the heat and the noise of the city; a journey across the centre can cost as little as $1-2.
Be careful to go with a good brand like Vinataxi, Mai Linh or Vinasun though, as there are a few shady operators who fiddle their meters.
While superficially attractive, beware of motorcycle or moped travel. The traffic conditions are quite surreal and while vehicles dance round each other amazingly in the crowded streets, the accident rate is very high. A trip to a local hospital will often reveal dozens of grisly pictures on display of crash victims as shock publicity for road safety.
Also minimise use of Cyclos particularly if you are carrying valuables.
Would certainly agree with some of comments here.