The main reason is because that film was made before they decided to have the two franchises set in the same continuity. Apparently this film will involve Monarch, the scientific organization from GODZILLA (2014). They've been around for decades.
Any survivors of this film's story were either sworn to secrecy or they simply had no knowledge of the MUTO and Godzilla. And that's if anyone even survives this film at all. I'd hate it, but I wouldn't rule out Tom Hiddleston's character escaping the island, only to be gunned down by US government agents hoping to keep the island's location classified. Since this is technically a prequel set decades before GODZILLA (2014), you could probably expect some sort of massive government coverup involving Skull Island.
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